Business from Monday, March 16th, 2026
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IEA members could release more oil stocks 'as and if needed,' agency chief says
Member countries of the International Energy Agency (IEA) could release more oil into the market later "as and if needed" after they have already agreed the largest-ever reserve release, Executive Director Fatih Birol said on Monday.
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EU floats Black Sea model to unblock Strait of Hormuz
EU foreign policy chief Kaja Kallas said on Monday she had discussed with the United Nations the idea of freeing up transport of oil and gas through the Strait of Hormuz by replicating a deal that gets grain out of Ukraine during wartime.
News
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UAE responds to missile, drone threat early SaturdayThe UAE said on Saturday early morning it was responding to incoming missile and drone threats from Iran.
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'We stand united': UAE President reaffirms in Eid Al Fitr messageUAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan said he remains "confident that our region will overcome its current challenges", while extending Eid Al Fitr wishes to the UAE community and Muslims around the world.
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UAE cyber chief visits security centres during EidThe head of cybersecurity for the UAE government has visited Abu Dhabi Police and a number of cyber operations centres on the first day of Eid Al Fitr.
