Will airfares get cheaper? Jet fuel prices cut to Rs 110/litre

Jet fuel prices cut down by Rs 5 per litre to Rs 110 NEW DELHI: The central government cut down the jet fuel, or aviation turbine fuel (ATF), prices for domestic airlines by Rs 5 per litre on Wednesday following a decline in international crude oil prices, offering some relief to after weeks of elevated […]

Uae Fuel Prices: UAE announces June 2026 fuel prices as petrol jumps 8% to Dh3.95 per litre, highest level in nearly 4 years | World News

UAE fuel costs climb again with petrol up nearly 50% since February 2026 / Image: File For thousands of motorists across Dubai, Abu Dhabi, Sharjah and the rest of the UAE, June has begun with a familiar routine, checking fuel prices before heading to the petrol station.This time, however, the numbers are significantly higher.The UAE […]

Iran considers allowing a limited number of oil tankers to pass through the Strait of Hormuz

Iran is considering allowing a limited number of oil tankers to pass through the strategic Strait of Hormuz, provided that the oil cargo is traded in Chinese yuan, CNN reported quoting an Iranian official.Tehran is working on a new plan to manage the flow of tankers through the key maritime corridor amid escalating tensions in […]

What would happen to UAE and global energy markets if Iran closed the strait of Hormuz? | World News

Closing the Strait of Hormuz would block 21 million barrels of oil and 20% of global LNG exports daily, disrupting supplies from the UAE, Qatar, and other Gulf nations/ Image: (File) Tensions in the Middle East have once again spotlighted the Strait of Hormuz, a critical chokepoint in global energy supply. Amid rising friction between […]