Oil markets are reassessing the geopolitical risk premium after Brent surged to nearly $120 before falling, writes Sasha Foss, Energy Analyst at CSC Commodities, a division of Marex The post Trader’s view: What’s next as oil whipsaws after a $120 surge? appeared first on Gulf Business.
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Any violation shall be subject to applicable legal measures in accordance with UAE Civil Aviation Law and relevant regulation, GCAA said The post UAE reiterates ban on drones, light sport aircraft, cites exceptional circumstances appeared first on Gulf Business.
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In his new role, Al-Hassan will oversee an integrated portfolio spanning ports and terminals, economic zones, digital platforms and logistics operations across the region The post ‘Monitoring developments in Arabian Gulf, Strait of Hormuz’, says DP World’s new GCC CEO and MD appeared first on Gulf Business.
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The results come at a highly volatile time for global oil markets as the US-Israeli tensions with Iran has led to a near-closure of the Strait of Hormuz The post Aramco posts drop in annual profit, announces its first buyback appeared first on Gulf Business.
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The company, based in Kilchberg on Lake Zurich, had previously reported 2025 sales growth slightly ahead of expectations The post Lindt boosts 2025 profit as customers bear brunt of cocoa costs appeared first on Gulf Business.
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The Iran crisis has already cut global oil supply by a combined 200 million barrels over the past 10 days, according to analysts’ estimates The post Saudi Arabia cuts oil output, IEA considers stocks release appeared first on Gulf Business.
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The Dubai-based businessman added that regional countries should prioritise diplomacy and stability rather than becoming involved in conflicts they did not initiate The post Al Habtoor rejects US senator’s call for Gulf to enter conflict appeared first on Gulf Business.
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Ratings agency expects conflict to recede, echoing Moody’s recent view that the escalation may not last beyond a month The post S&P says regional war likely to ease ‘within weeks’ as Abu Dhabi’s AA rating reaffirmed appeared first on Gulf Business.
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In fiscal year 2024-25, Dalmia Bharat recorded annual revenues of $1.5bn, Shree Digvijay $79m and India Cements $444m The post Lucky numbers and collusion: How an Indian cement cartel came unstuck appeared first on Gulf Business.
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Since Feb 28, when the US-Israeli tensions with Iran started, through March 8, more than 37,000 flights to and from the Middle East were cancelled The post Airline shares battered as oil prices spike, Iran tensions intensify appeared first on Gulf Business.
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