Oil prices surge past $90 as Strait of Hormuz conflict escalates

Brent crude oil prices surged past $90 a barrel as military hostilities escalate in the Strait of Hormuz.

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  • KUWAIT
  • June 1, 2026
  • 16 views
  • 1 minute Read
Kuwaiti financial authorities maintain monitoring of regional security and oil market trends

Kuwaiti fiscal departments are continuously auditing global energy trends and regional shipping security to safeguard domestic banking liquidity.

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  • SAUDI
  • May 29, 2026
  • 15 views
  • 1 minute Read
Saudi Arabia projected to lower July crude oil prices for Asian markets

Saudi Arabia is expected to cut crude oil prices for Asian buyers next month due to changing global demand patterns.

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  • UAE
  • May 20, 2026
  • 49 views
  • 1 minute Read
UAE businesses monitor oil prices and shipping costs

Businesses across the UAE are closely tracking movements in global oil prices and shipping insurance costs as tensions in the Gulf continue affecting international energy markets.

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