The Times of India

Global oil hits $105 per barrel: Could UAE petrol prices jump to Dh3.80Dh4 per litre in April?

Global oil prices have surged past $100 per barrel due to escalating Middle East tensions, particularly concerning the Strait of Hormuz. This volatility directly impacts fuel costs for UAE residents, with prices expected to rise if crude remains high. Other GCC nations also face potential price adjustments, though subsidies offer some buffer in Kuwait.