Brent Crude & United Arab Emirates
139 shared events · Importance 11 · Last updated Jul 06, 2026
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International
Brent Crude: Brent Crude prices were impacted by the Iran war, surging to $126 a barrel, and are now trading lower as the market anticipates increased supply and a potential oversupply.
United Arab Emirates: The United Arab Emirates is a former OPEC+ member and continues to use ports outside the Strait of Hormuz. Additional crude from the United Arab Emirates is expected to be available.
Jul 06, 2026 · 6 articles
International
Brent Crude: Brent Crude prices fell after the OPEC+ agreement and the reopening of the Strait of Hormuz, returning to pre-war levels.
United Arab Emirates: The United Arab Emirates quit OPEC+ in late April to align its capacity more closely with its production, free of group restraints. Its exports are recovering with US assistance.
Mar 09, 2018 · 100 articles
International
Brent Crude: Brent crude prices have risen sharply due to the Iran war and the closure of the Strait of Hormuz, impacting global inflation and economic outlook.
United Arab Emirates: The United Arab Emirates has been affected by Iran's strikes and is working to mitigate economic damage, with United Arab Emirates — Dubai pledging support to businesses. Its forces have also used Apache helicopters to shoot down Iranian drones.
May 05, 2026 · 374 articles
International
Brent Crude: Brent Crude is a benchmark for oil prices. Its price staying below $85/bbl is seen as beneficial for India, but a full normalization of the Strait of Hormuz could cause its price to crash.
United Arab Emirates: The United Arab Emirates has 'stepped out' from some OPEC+ agreements, indicating fragmentation within the alliance regarding production quotas.
Jul 06, 2026 · 6 articles
International
Brent Crude: Brent Crude prices initially spiked to $126 per barrel but are now lower than before the conflict, reflecting market confidence in manageability but still facing future volatility risks.
United Arab Emirates: The United Arab Emirates, like Saudi Arabia, found alternative routes to export oil, contributing to the stabilization of global supply despite the conflict.
Apr 20, 2026 · 22 articles
International
Brent Crude: Brent Crude prices have fallen significantly, reaching pre-war levels, due to the easing of supply concerns as the Strait of Hormuz reopens and Middle Eastern oil supply increases.
United Arab Emirates: The United Arab Emirates is a Gulf ally that was significantly impacted by Iranian attacks during the war. Its leaders have met with Marco Rubio to discuss their security and economic concerns regarding the Iran deal.
Apr 20, 2026 · 390 articles
International
Brent Crude: The price of Brent Crude has skyrocketed due to the uncertainty surrounding the Strait of Hormuz, reflecting the significant market impact of the conflict.
United Arab Emirates: The United Arab Emirates, through its major oil company, has called for unrestricted navigation through the Strait of Hormuz.
Apr 09, 2026 · 25 articles
International
Brent Crude: Brent Crude prices rose to $109, a 50% increase since the war began, due to Iran's control over the Strait of Hormuz and its attacks on regional energy infrastructure, significantly impacting global energy markets.
United Arab Emirates: The United Arab Emirates activated its air defense systems to intercept incoming Iranian missiles and drones, highlighting its vulnerability to the escalating regional tensions and missile attacks.
Mar 29, 2026 · 65 articles
International
Brent Crude: Brent Crude futures prices rose due to concerns over restricted energy flows through the Strait of Hormuz, indicating market volatility.
United Arab Emirates: The United Arab Emirates (UAE) reported missile and drone attacks, indicating regional instability.
Apr 08, 2026 · 19 articles
International
Brent Crude: Brent Crude futures experienced significant fluctuations, falling sharply on news of the ceasefire and reopening of the Strait of Hormuz, reflecting market expectations of increased oil supply and stabilized prices.
United Arab Emirates: The United Arab Emirates is a major Gulf producer whose oil exports transit through the Strait of Hormuz. The reopening of the strait is crucial for its energy exports and global market stability.
Apr 20, 2026 · 302 articles
International
Brent Crude: Brent Crude>>> prices were down on Thursday, trading below $92 a barrel, but could rise to $150 if the Strait of Hormuz>>> remains shut.
United Arab Emirates: The United Arab Emirates foreign minister emphasized the importance of full commitment to the interim deal between Iran and the US, reflecting regional concerns about stability.
Apr 20, 2026 · 508 articles
Business
Brent Crude: Brent Crude prices directly influence the cost of refined petroleum products in Nigeria, with declines in its price leading to reductions in petrol and diesel prices by Dangote Petroleum Refinery and calls for similar reductions from marketers.
United Arab Emirates: The United Arab Emirates' withdrawal from OPEC is noted but does not directly influence the current fuel price reductions by Dangote Petroleum Refinery.
May 26, 2026 · 120 articles
International
Brent Crude: The spot price of Brent Crude has risen by about 35% since the war began due to the closure of the Strait of Hormuz, reflecting market uncertainty over the ceasefire and oil transit.
United Arab Emirates: The United Arab Emirates, through its major oil company head, called for the unconditional reopening of the Strait of Hormuz for shipping.
Apr 09, 2026 · 40 articles
International
Brent Crude: Brent Crude prices fell due to the initial easing of tensions and increased shipping activity, but the renewed military strikes introduce uncertainty, potentially impacting future price stability.
United Arab Emirates: The United Arab Emirates experienced a missile warning due to a technical glitch, underscoring regional tensions. Its foreign minister also emphasized commitment to the interim deal between Iran and the US in a call with Iran's foreign minister.
Apr 20, 2026 · 338 articles
International
Brent Crude: Brent Crude prices have fluctuated significantly due to the Strait of Hormuz disruption and the ongoing US-Iran tensions, reflecting market sensitivity to the conflict.
United Arab Emirates: The United Arab Emirates has condemned Iran's attacks on Bahrain and Kuwait and emphasized the importance of maintaining regional stability. Its hotel sector was disrupted by Iranian attacks during the conflict.
Jan 07, 2026 · 501 articles
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