oil price

Why UAE drivers may wait longer for fuel relief

Oil prices fell 15% in May to $91, but too soon for fuel relief to reach motorists in June

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UAE announces petrol prices for June: How much you will pay for fuel next month

UAE petrol prices to drop in June if Iran war ends?

Oil slips below $100 as talks progress, but fuel relief may stay limited for UAE motorists

A drop of petrol falls from the nozzle of a petrol pump at a petrol station on March 9, 2026.

US crude futures fall, Brent down nearly 3%

Crude pulls back from prior gains amid pause in US military action on Iran

US crude futures fall, Brent down nearly 3%

UAE says OPEC exit reflects sovereign energy vision

Al Mazrouei says UAE exit from OPEC was sovereign strategic decision

Al Mazrouei said the move followed a comprehensive review of the UAE’s national production policy and future energy capacity.

Oil stays above $100 after Hormuz clashes

Brent heads for a weekly loss, but Hormuz risks keep fuel and shipping costs exposed

Oil prices stay above $100 after Hormuz clashes keep fuel cost fears alive

Oil at $150 may be weeks away if Hormuz stays shut

Experts say Hormuz disruption, US-Iran tensions and supply gaps could drive oil higher

US Marines board the commercial ship M/V Blue Star III in the Arabian Sea, near the Strait of Hormuz.

Hormuz standoff sends oil above $114

Brent’s move above $114 revives inflation concerns for consumers and businesses

Oil above $114 raises fresh fuel and airfare worries

What is OPEC, OPEC+? All you need to know

From petrol prices to global power — here's why OPEC still shapes your world

OPEC has been handling the supply side of things quite well. Those moves to curtail production is fetching results.

Oil to get costlier the more Hormuz disruption drags on

Supply constraints, fragile ceasefire keep crude at $100 despite weaker demand signals

Oil to get costlier the more Hormuz disruption drags on amid war risks

Saudi Arabia restores energy facilities hit by attacks

East-West pipeline and Manifa output back online, Khurais recovery ongoing

Saudi restores key oil facilities after attacks, stabilising global supply

Saudi oil output drops after strikes hit pipeline

Pipeline and key fields hit, cutting output and raising global supply concerns

This handout satellite image taken by 2026 Planet Labs PBC shows the oil infrastructure at Saudi Arabia's western Red Sea port of Yanbu on March 4, 2026.

Could the Hormuz crisis eclipse the 1970s oil shock?

Supply losses may outpace 1970s crisis as prices rise, Hormuz disruption tests buffers

Signs cover petrol bowsers at a closed petrol station in Sydney on March 30, 2026. Australia will halve a tax on fuel to reduce costs for motorists experiencing soaring petrol prices due to war in the Middle East, Prime Minister Anthony Albanese said on March 30, 2026.

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