Tag: Strait of Hormuz
UAE-BRICS Trade Surpasses $312 Billion in 2025
The non-oil trade between the UAE and BRICS nations surpassed $312 billion in 2025, marking a 28.5% increase from $243 billion the…
UAE Fuel Prices Move Closer to Pre-Conflict Levels
UAE fuel prices are beginning to align with pre-conflict levels as international oil markets stabilise following months of remarkable volatility induced by…
Tanker Incidents Escalate Strait of Hormuz Shipping Risks
Two incidents involving tankers have been reported off the coast of Oman, coinciding with escalating tensions in the Gulf waters. Maritime authorities…
Oil Market Defies Expectations Amid Gulf Supply Disruptions
Since the onset of the Iran war and Tehran’s declaration that the Strait of Hormuz was “closed,” the market has struggled to…
Gulf Nations Accelerate Oil Export Routes Beyond Hormuz
Gulf countries are expediting initiatives to transport oil via alternative routes that circumvent the Strait of Hormuz. This comes in response to…
Oman-Iran Talks: A New Chapter in the Hormuz Crisis
Iran’s reported discussions with Oman regarding a potential payment system for vessels traversing the Strait of Hormuz are prompting renewed enquiries into…
Hormuz Crisis Drives Oil Market into the Red
The world may face a perilous oil supply crisis as the extended closure of the Strait of Hormuz depletes emergency reserves and…
Hormuz Crisis Sparks Market Fears
For several months, governments, businesses, and financial markets have regarded the disruption in the Strait of Hormuz as a transient crisis, one…