Abu dhabi: Oil prices rose 6% in international markets due to increasing geopolitical risks and supply concerns. Brent crude oil closed the day at $78.15 after reaching a daily high of $79.85 on Monday. As of 13.39 on Tuesday (1039GMT), Brent crude oi…
Ankara: Iran’s decision to shut down the Strait of Hormuz following joint US and Israeli airstrikes has sent shockwaves through global shipping markets, with analysts warning of sustained disruption across energy and container trade.
According to An…
London: European natural gas markets recorded sharp gains over the past 24 hours, with benchmark Dutch TTF contracts rising around 50% as escalating Middle East tensions, mounting transit risks through the Strait of Hormuz and reports of halted produc…