Dubai: Shipping container rates into and from the UAE could be in for increases, and a cost that businesses will be looking ...

President Ferdinand Marcos Jr. is eyeing the deployment of fuel subsidies to cushion the impact of rising oil prices ...

Amid escalating tensions between Iran and Israel, the Strait of Hormuz, a critical global oil route, has become a focal point ...

Iran's missile arsenal is already positioned to hit US forces in Bahrain, Qatar, and the UAE so no additional preparation is ...

DUBAI (Reuters) -An accidental collision between two oil tankers in the Sea of Oman, indicates that the incident was caused by a navigational misjudgment by one of the vessels, the UAE's energy ...

Iran conflict, focusing on any signs that Iran may seek to disrupt crude flows across the Strait of Hormuz The oil market ...

Iran is thinking about shutting the Strait of Hormuz, according to the reports published in the Iranian news agency IRINN, citing senior hardline politician Esmail Kosari, as the confrontation with ...

Oil prices rose 4% on fears the Iran-Israel conflict could disrupt supplies. US President Donald Trump demanded Iran's ...

Brent for August settlement dipped 0.5% to $76.05 a barrel as of 1:25 p.m. Singapore after closing 4.4% higher on Tuesday ...