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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
March 30th, 2015 - 08:22 GMT

Relaxed sanctions, stressed Saudi: Oil prices fall further as Iran, world powers seek nuke deal

Al Bawaba
March 30th, 2015 - 05:26 GMT

Confident about flying high: Oman Air to double fleet with 20 new Boeing 737 orders

French-US oil services giant Schlumberger Ltd. was fined $232.7 million by the Justice Department Wednesday for violating sanctions on Iran and Sudan.
March 29th, 2015 - 03:27 GMT

Schlumberger fined over $200 million for violating sanctions with Iran and Sudan

Al Bawaba
March 29th, 2015 - 01:21 GMT

Citing 'political sensitivities': French Suez disrupts participation in Israeli cable car project

Al Bawaba
March 29th, 2015 - 05:55 GMT

Jordan to advertise its tourism sector on Champions League's stadium

Al Bawaba
March 29th, 2015 - 04:55 GMT

Kuwaiti commerce minister calls it quits

Saudi Arabia’s main index tumbled 5.0 per cent on Wednesday amid reports that the kingdom was amassing troops and military equipment on its border with Yemen.
March 29th, 2015 - 04:55 GMT

Gulf stocks take the plunge on Yemen attacks, Dubai hit the worst

The airports affected include Jizan, Abha and Wadi al- Dawaser, the General Authority of Civil Aviation said.
March 29th, 2015 - 04:55 GMT

Saudi Arabia suspends flights at seven airports over Yemen attacks

Among other precious metals, platinum was up 0.6 per cent at $1,153.25 an ounce, while palladium was up 1 per cent at $770.39 an ounce.
March 26th, 2015 - 07:00 GMT

Incomprehensible dynamics: gold rallies on Yemen air strikes

Al Bawaba
March 26th, 2015 - 12:20 GMT

Oil prices shoot up after Saudi air strikes in Yemen

Al Bawaba
March 26th, 2015 - 11:07 GMT

Dubai Rentals flying high in the sky

Al Bawaba
March 26th, 2015 - 10:34 GMT

Farewell For Abu Dhabi Airports CEO

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