Petrol prices jump as global oil markets remain volatile

The UAE announced a significant increase in fuel prices for June 2026, with petrol reaching Dh3.95 per litre, the highest level in almost four years. The increase reflects rising global oil prices, supply concerns and geopolitical tensions affecting energy markets. Motorists and businesses across Dubai, Abu Dhabi and Sharjah are expected to face higher transportation costs.

Source : The Times Of India.