Middle East Energy 2024 – Oil prices were little changed in early Asian trading on Tuesday, hovering close to three-week highs on heightened Middle East tensions and recovering China demand. . Oil prices remained stable but lower on Tuesday, with West Texas Intermediate (WTI) crude fluctuating near three-week highs. Influences include Middle East tensions and Chinaโs recovering demand. .
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Source : www.canalplast.comMiddle East Energy 2024 Events: Attacks on shipping in the Red Sea by Yemen’s Iranian-backed Houthi rebels are disrupting a key trade route for energy supplies to Europe . Dubai: Construction costs are set to increase in the UAE by 2-3%, and in Saudi Arabia by 5-7% in 2024, following an increase of 3% and 7% respectively in 2023. Increases will challenge construction .
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