Special Assistant to the Prime Minister on Petroleum Nadeem Babar said that 20 new oil and gas exploration blocks will be auctioned by the government next month as part of its strategy to achieve self-reliance in the energy sector.
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Saudi Arabia's oil output has been affected by recent attacks. The East-West Pipeline flow has also been impacted, disrupting the country's energy production and distribution.
The Strait of Hormuz has been shut down, and the CEO of ADNOC is calling for its reopening without conditions. This development has significant implications for the region's oil supply.
Gold prices in the UAE are calculated based on several factors. The price of gold per gram in the UAE can fluctuate constantly due to market conditions.
