Will petrol prices in the UAE rise or fall in July following the Iran-Israel conflict?

UAE petrol prices are likely to increase in July, as global oil markets reacted sharply to the recent Israel-Iran war and subsequent US strikes on Iranian nuclear facilities. Brent crude surged from $63.60 to nearly $80 per barrel during the height of tensions. However, with a ceasefire now in place and global demand showing signs of softening, some analysts expect prices to stabilize. The final decision will depend on how global supply-demand dynamics evolve in the coming days. What do you think—will we see a price hike or relief at the pump in July? Share your views.

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