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.
Logistics firms and importers say freight rates and maritime insurance premiums have become increasingly volatile in recent weeks, particularly for routes linked to the Gulf and Red Sea region.
Dubai’s position as a major re-export and logistics hub means disruptions in regional shipping corridors are being watched carefully by traders and supply-chain operators.
Economists say the UAE’s strong infrastructure and diversified trade network continue to soften the impact compared to other regional economies.
Source: (IAG)
