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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
February 2nd, 2015 - 05:47 GMT

Time for a Google stake? AlWaleed bin Talal, Google’s Schmidt discuss business cooperation

The project has reached a boiling point as the Cabinet has yet to reach a decision on whether or not the basin, the largest at the port, should be filled (Photo credit: The Daily Star/Mohammad Azakir)
February 2nd, 2015 - 10:07 GMT

A 'boiling point': Beirut port truckers launch open-ended strike over contentious project

Al Bawaba
February 2nd, 2015 - 07:55 GMT

Jordan to import gas from the Gaza strip

Al Bawaba
February 2nd, 2015 - 05:55 GMT

Looking for a new client to substitute Jordan? Israeli Noble in Egypt for gas trade talks

Tourists arriving to Egypt increased to 10 million last year, compared to 9.5 million tourists in 2013.
February 2nd, 2015 - 05:55 GMT

Crisis averted? Egypt tourism revenues reach $7.5 billion

In a highly conservative Islamic kingdom, Alwaleed, who holds no government rank, is unusual for his high profile and periodic comments about economic issues.
February 2nd, 2015 - 04:55 GMT

Prince Waleed Bin Talal launches a TV channel almost as outspoken as he is

Al Bawaba
February 2nd, 2015 - 04:55 GMT

It keeps getting worse (or better): Dubai to face housing shortage ahead of Expo 2020

Al Bawaba
February 1st, 2015 - 06:25 GMT

The biggest winner? Fuel prices in Jordan drop further

Al Bawaba
February 1st, 2015 - 06:12 GMT

Bad Karma? Israel comes 40th in ease of doing business rankings

Al Bawaba
February 1st, 2015 - 11:05 GMT

Privatization momentum: Iran has divested $1 billion worth of state shares in the last 10 months

The turmoil has left unemployment very high in both areas, 19 percent in the West Bank and 41 percent in Gaza.
February 1st, 2015 - 08:55 GMT

War on Gaza pushed Palestinian economy into recession, says IMF

Al Bawaba
February 1st, 2015 - 07:55 GMT

Betting on market share: OPEC countries remain adamant about high production

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