Fareed Rahman

Hapag-Lloyd says vessels 'ready for transit' – but focus remains on safety of crews

Brent slid almost 8 per cent and WTI retreated nearly 10 per cent on prospects of higher crude supply

Opec member's production fell to 573,000 barrels per day in May

Three ships laden with crude pass through key waterway as it opens for traffic

Further progress in negotiations fuels risk appetite among investors, expert says

Supply to fall by 3.9 million bpd this year before rebounding in 2027, while demand drops for first time since 2020

Apartments to be sold with a starting price of $1 million

Five laden carriers remain in the Gulf while 15 have left since conflict began in February, Kpler data finds

Strait of Hormuz set to reopen after months of disruption amid Iran peace deal

Mine clearance essential before more than 480 trapped ships can leave Gulf

Founder Mahdi Amjad says $2 billion liquidity gives developer edge despite impact of Iran war

Initiative will last until March 30 next year

Crude posts second weekly loss amid latest developments in regional conflict

Gulf shielded by strong resilience due to diversification of economies, managing director tells The National

Company also plans to expand into Abu Dhabi, chief executive Abbas Sajwani says