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Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns
June 20th, 2026 - 01:56 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Oil posts steepest weekly drop in months as US-Iran deal ease supply concerns

ALBAWABA- Global oil prices recorded their sharpest weekly decline in months, with Brent Crude falling about 8% over the week, as a renewed ceasefire between Israel and Hezbollah and progress on the US-Iran agreement eased concerns over potential disruptions to global energy supplies. Although prices edged higher on Friday, markets remained under pressure as geopolitical risk premiums continued to fade amid signs of improving stability in the Middle East. Brent ...
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Al Bawaba
April 7th, 2015 - 06:42 GMT

Lebanon's agricultural future under threat from Syrian laborer shortage

Al Bawaba
April 7th, 2015 - 05:59 GMT

Business transparency in MENA - time for a change

Al Bawaba
April 7th, 2015 - 05:33 GMT

Saudi government overhauls labor law

Al Bawaba
April 7th, 2015 - 05:16 GMT

Russia seeks UAE investments to boost its economy

Al Bawaba
April 6th, 2015 - 08:38 GMT

Get your 5 a day: Iraqi market reopens to Jordanian vegetables

Egypt's escalating military involvement in the Yemen conflict has had a negative impact on investor's confidence. (Image: file photo)
April 6th, 2015 - 07:58 GMT

Egyptian stocks plummet as Yemen confict deepens

Al Bawaba
April 6th, 2015 - 06:49 GMT

Mission to Mars: UAE plans Arab region's first unmanned probe

Al Bawaba
April 6th, 2015 - 06:05 GMT

Supervising the stoners: Egyptian tobacco traders call for the legalization of cannabis

Al Bawaba
April 6th, 2015 - 06:01 GMT

Saudi non-oil businesses climb steadily over six months, peak in March

Al Bawaba
April 5th, 2015 - 01:32 GMT

Ethiopia launches $2.8m research survey for Nile basin development

Al Bawaba
April 5th, 2015 - 11:18 GMT

UAE sweetens flotation regulations to attract more investment

Al Bawaba
April 5th, 2015 - 09:17 GMT

Out of steam? Ambitious GCC rail project off track ahead of 2018 completion deadline

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