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Oil prices rose about 5% on Monday after Iran s Fars news agency reported an incident with a U.S. warship in the Strait of Hormuz, sparking concerns over a prolonged disruption in the vital oil transit route. MORE..

4 May 2026 (6:20 PM)

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)

The United Arab Emirates on Monday accused Iran of attacking an empty crude oil tanker belonging to the Abu Dhabi state oil firm ADNOC with drones as it attempted to pass through the Strait of Hormuz. MORE..

4 May 2026 (8:29 PM)

LOCAL

4 May 2026 (10:44 PM)

A letter containing five questions has been submitted by the �Dinana Dakuna� organization, raising concerns over the citizenship status of Dr. Harshana Suriyapperuma, the Secretary to the Ministry of Finance. MORE..

4 May 2026 (9:40 PM)

Kuwaiti crude oil exports tumbled from more than one million barrels a day to zero in April, according to Iranian media, marking the �first such disruption� since the end of the Gulf War in 1991. MORE..

4 May 2026 (7:52 PM)