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Could Hormuz’s closure disrupt the UAE’s food supply?
Alternatives like rerouting through neighboring countries and air freight could help, but they’re slower and more expensive
THIS MORNING: More force majeure declared + G7, IEA eye emergency oil taps
PLUS: DIFC just delivered more space
THIS MORNING: Regional oil players slash production amid Hormuz closure + Airspace opens up over the weekend
Plus: Air disruption over UAE casts a light on gold supply chain
THIS MORNING: Attacks on energy infrastructure in the Gulf continue + Flights disrupted last night due to missile threat
Plus: Fitch sees Strait of Hormuz closure as posing a “limited” shock to oil prices
THIS MORNING: The UAE’s non-oil PMI hit a 12-month high in Feb + firms signal business as usual amid ongoing conflict
Plus: Dana Gas halts production at Iraq’s Khor Mor
THIS MORNING: Int’l players assess UAE operations amid strikes + Opec to raise production in April
Plus: The competition is heating up for India’s IDBI
Adnoc’s diversification blitz: Gas abroad, listings at home, renewables in between
Ambitions aside, oil still foots roughly 62% of the state’s bill
THIS MORNING: UAE puts banking system on cloud + another UAE, US tech and AI-focused meeting
Good morning, everyone. While Ramadan has slowed things down — somewhat — in our neck of the woods, the international…
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