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Oil prices surged roughly 6 percent on Monday as Iran intensified attacks on the United Arab Emirates and vessels in the Middle East Gulf over the past 24 hours, marking the most serious escalation since a U.S.-Iran ceasefire took effect in early April. MORE..

5 May 2026 (9:33 AM)

President Donald Trump warned [Iranian forces that they would be blown off the face of the Earth if they attempted to target US ships in the Strait of Hormuz or Persian Gulf. MORE..

5 May 2026 (7:41 AM)

Three Indian nationals were injured in a drone attack on the Fujairah Oil Industry Zone (FOIZ), authorities said on Monday, as emergency teams continued efforts to contain a fire triggered by the incident. MORE..

4 May 2026 (11:25 PM)