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      Fareed Rahman

      Fareed Rahman

      Journalist
      Location
      Fareed is a senior business reporter at The National and worked in India, the UAE and the US. He has interviewed a number of top executives from energy, real estate and defence industry as well as visiting dignitaries and heads of states.

      Articles

      Shipping containers at Umm Qasr Port in Basra, Iraq. Maritime trade has been disrupted by the effective closure of the Strait of Hormuz. AFP
      Energy supply chain and inflation fears grow after two weeks of war

      Oil trades higher after hitting $100 per barrel this week, as Iran strangles shipments in Strait of Hormuz

      EconomyMarch 14, 2026
      Tankers sail in the Gulf, near the Strait of Hormuz, at the border with Oman’s Musandam, amid the US-Israeli conflict with Iran. Reuters
      Fertiliser supply at risk amid Strait of Hormuz blockade

      Shortage of supply could drive up production costs for farmers and increase food prices

      EconomyMarch 12, 2026
      Mediterranean Shipping Company has announced 'all affected cargo will be discharged and made available to cargo interests at the designated port'. EPA
      Shipping costs set to rise as companies halt cargo through Arabian Gulf

      Mediterranean Shipping Company announces end-of-voyage declaration for exports as war intensifies and security risk increases

      EconomyMarch 10, 2026
      The Strait of Hormuz, the main route for Gulf oil exports, where shipping has slowed amid US and Israeli military activity. Reuters
      US launches $20 billion reinsurance plan to revive shipping in Strait of Hormuz

      US International Development Finance Corporation and American insurers to provide war-risk coverage for vessels

      EnergyMarch 07, 2026
      The Rumaila oil field in Basra, Iraq, as the country cuts nearly 1. 5 million barrels a day of output as exports halt following the closure of the Strait of Hormuz. Reuters
      US crude futures end the week 12% higher as Iran war continues

      Oil prices post biggest weekly gain in years as Strait of Hormuz effectively remains shut

      EnergyMarch 07, 2026
      Damage from a strike on Saudi Arabia's Ras Tanura refinery. AFP
      One week of Iran war: Global economy feels the heat with energy and aviation hit

      Inflation fears surge with Strait of Hormuz effectively closed, disrupting supply flows

      BusinessMarch 07, 2026
      Tankers are seen off the coast of Fujairah. Inbound transit of commercial vessels through the waterway fell to zero on Tuesday, from 55 on February 26. Reuters
      Hormuz unrest exposes limits of Gulf oil export alternatives

      Waterway between Iran and Oman remains crucial for global supply of oil

      EnergyMarch 06, 2026
      Tankers off the coast of Fujairah. Traffic in the Strait of Hormuz has come to a standstill. Reuters
      Shipping industry demands more security than Trump-enabled guarantees

      Companies avoiding the vital trade route amid attacks by Iran military

      EnergyMarch 05, 2026
      Services at Khalifa Port in Abu Dhabi will remain uninterrupted, AD Ports said. Photo: AD Ports Group
      Business activity continues for UAE companies despite Iran war

      Adnoc Group and AD Ports Group report being 'fully operational'

      BusinessMarch 04, 2026
      A satellite image shows efforts to control a fire in the Ras Tanura oil refinery in Saudi Arabia after a drone attack. Reuters
      Brent jumps above $84 as Iran strikes Gulf export facilities beyond Hormuz

      Oil at $120 per barrel a possibility as war escalates

      EnergyMarch 03, 2026
      A naval vessel sailing in the Strait of Hormuz. Ships are avoiding passing through the strait because of the regional war. AFP
      Hormuz escalation roils global shipping with war levies and insurance cover cuts

      Insurance companies cancel coverage and shipping firms introduce war risk surcharge

      EconomyMarch 02, 2026
      Fast boats beside a tanker during a military exercise by Iran's Islamic Revolutionary Guard Corps and navy in the Strait of Hormuz in February. AFP
      Iranian Navy tells ships to avoid Strait of Hormuz

      Around 12 million barrels a day of crude oil pass through the strait

      BusinessFebruary 28, 2026
      Smoke rises in central Tehran after an Israeli attack. EPA
      US-Iran war: What will the impact be on oil?

      Prices could climb to $100 a barrel on prolonged conflict, analysts say

      EnergyFebruary 28, 2026
      An Iranian woman walks near a giant anti-US billboard in a street in Tehran. EPA
      Oil on track to post weekly decline as US-Iran talks progress

      Investors are also monitoring Opec+ meeting on Sunday

      EnergyFebruary 27, 2026
      David Massey, chief executive of Abu Dhabi Ship Building. Ahmed Ramzan / The National
      Play02:52
      ExclusiveAbu Dhabi Ship Building expects surge in military orders

      Edge Group unit eyes new deals in Africa, chief executive says

      EconomyFebruary 27, 2026
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