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The US orders some diplomats and their families to leave Saudi Arabia as Houthi attacks intensify. Three people are killed in separate incidents at an Aramco oil field and a Saudi airport, while Brent moves above $110 as the security risks lift oil prices.

Citi today announced the expansion of Citi Token Services into Japan and the United Arab Emirates (UAE), advancing our strategy to build a more connected, alway

The United Arab Emirates and Kuwait have boosted naphtha exports to Asia in recent months via ship-to-ship (STS) transfers outside the Strait of Hormuz, helping Asian petrochemical producers to increase output, traders and analysts said.

Abu Dhabi National Oil Co (ADNOC) has bought millions of barrels of discounted crude from Iraq's state oil firm, three people familiar with the matter said, expanding its role as a trader amid supply disruptions from the Iran war.

The UAE's post-pandemic boom is being tested by a war showing few signs of resolution, as disruption in the Strait of Hormuz drives up import costs and fuel prices. Yet the economy is showing signs of resilience.