Fuel prices in the UAE are to set to rise for the first time in seven months. The Ministry of Energy says Super grade petrol will rise by 15 fils to AED1.62, Special to AED1.51 and E Plus to AED1.44. Diesel prices will go up to AED 1.56 from AED 1.40. The new rates will come into effect on April 1. The UAE removed subsidies on fuel in July last year.
US, China economic chiefs meet in Paris to clear path to Trump-Xi summit
Top US and Chinese economic officials launched a new round of talks in Paris on Sunday to iron out kinks in their trade truce and clear a smooth path for US President Donald Trump's trip to Beijing to meet with Chinese President Xi Jinping at the end of March.
US says oil from strategic reserve to start reaching market next week
The Trump administration said on Friday it expects early deliveries of oil from the US strategic petroleum reserve to reach the market by the end of next week as part of an effort to combat the energy price spike since the start of the Iran war.
Standard Chartered issues clarification on local operations
Standard Chartered Bank has clarified that reports of staff being evacuated from its Dubai offices are inaccurate.
Cyprus aims for gas exports by 2028 as conflict heightens supply tensions
Cyprus could begin producing natural gas for export as early as 2028, Energy Minister Michael Damianos said, potentially strengthening Europe's push to diversify its energy sources as regional conflict tightens focus on supply.
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