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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 9th, 2015 - 04:55 GMT

Less than a year ago, it was a thriving hub: UAE airlines suspend flights to Erbil

Al Bawaba
March 8th, 2015 - 03:06 GMT

A regional arms rush: Saudi Arabia dethrones India as world's biggest weapons importer

Al Bawaba
March 8th, 2015 - 02:59 GMT

Israeli men earn 32% more than female counterparts

Al Bawaba
March 8th, 2015 - 01:04 GMT

Time to print some BDS flyers! HP culpable of maintaining Israeli occupation

President Recep Tayyip Erdogan blamed an “interest rate lobby” of speculators for the Turkish lira’s slide and said he would discuss its decline with the country’s embattled central bank.
March 8th, 2015 - 12:44 GMT

'Not me'! Erdogan blames lira crash on speculators, US dollar

'The latest report has surveyed up to BD400 million in squandered public money for the last two years,' he said.
March 8th, 2015 - 08:43 GMT

About time: Bahrain to investigate squandered $1 billion in public money

Ghamsari said that the oil price wouldn't go above $60/barrel in the next two years.
March 8th, 2015 - 08:30 GMT

A new approach: Iran announces supporting cheap oil for the first time

Al Bawaba
March 8th, 2015 - 08:22 GMT

Perception or reality? Almost 45% of women working in ME believe they are paid less than men

Al Bawaba
March 8th, 2015 - 08:03 GMT

Let's work this out: Emirates Airline president plans talks in Washington over subsidy row

Al Bawaba
March 8th, 2015 - 07:53 GMT

Israel to resume importing fruits and vegetables from Gaza

Al Bawaba
March 8th, 2015 - 04:55 GMT

Small businesses, large demands: Bahrain's SME's demand 24/7 dispute resolution courts

Al Bawaba
March 7th, 2015 - 10:43 GMT

A critical milestone: BP overlooks geopolitical risk and announces $12 billion investment in Egypt

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