Iran Conflict Pushes Oil Above $119 as Strait of Hormuz Closes
U.S.-Iran conflict closes Strait of Hormuz, pushing crude above $119/barrel. How the crisis affects UAE shipping, regional markets, and Gulf stability.
Tracking business & economy for the UAE — coverage from the newsroom in Dubai.
U.S.-Iran conflict closes Strait of Hormuz, pushing crude above $119/barrel. How the crisis affects UAE shipping, regional markets, and Gulf stability.
UAE Team ADQ swept Trofeo Oro with six top-10 finishers, proving advanced AI analytics and professional infrastructure are reshaping women's professional cycling.
Bapco Energies declares force majeure after Iranian drone strike on Sitra refinery. How the attack affects Gulf energy markets and UAE residents.
Bahrain refinery strike pushes oil above $115/barrel. Learn how fuel crisis affects UAE residents, imports, airfares, and your household expenses.
Kuwait Airport shut after March 8, 2026 drone attack on fuel depot. Material damage reported, no casualties. Closure impacts UAE travelers; airport reopening timeline to be confirmed.
Dubai's humanitarian hub maintains full operations serving 80+ organizations, delivering aid to 135M people globally despite regional challenges. Learn what this means for UAE residents.
Iran-Kuwait tensions cut Gulf oil production, crude prices surge 28%. What rising energy costs mean for UAE residents' utility bills and employment.
Kuwait airport drone strike closes airspace. 50+ daily cancellations, fuel costs rising. UAE travelers: verify flights daily, check insurance now.
Iran pledges to halt strikes on neighbors. How restored airspace access could save UAE airlines up to 90 minutes per flight and potentially cut import costs by 5-8%.