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Story summary
- Analysts expect inflation in the United Arab Emirates to rise due to disruptions from the Iran war affecting energy markets.
- Diesel prices rose over 70% and petrol over 30% in April.
- The hikes are expected to raise logistics and transportation costs, affecting tourism and construction.
- S&P Global Ratings affirmed the United Arab Emirates' fiscal position despite conflicts, and inflation is projected to reach 1.8% in 2026 and 2% in 2027.
