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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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food expo
June 15th, 2021 - 02:00 GMT

Which UAE Companies Are Helping the Country Become More Food Secure?

UK, Australia Ink New Free Trade Deal
June 15th, 2021 - 01:30 GMT

UK, Australia Ink New Free Trade Deal

UAE's Damac Appoints Farooq Arjomand As New Chairman
June 15th, 2021 - 01:00 GMT

UAE's Damac Appoints Farooq Arjomand As New Chairman

UAE: DP World Mulls Selling Jebel Ali Free Zone Stake
June 15th, 2021 - 12:30 GMT

UAE: DP World Mulls Selling Jebel Ali Free Zone Stake

Morocco Signs Deal With IRENA To Accelerate Energy Transition
June 15th, 2021 - 12:00 GMT

Morocco Signs Deal With IRENA To Accelerate Energy Transition

Saudi flynas Launches Direct Flights to Seychelles
June 15th, 2021 - 11:30 GMT

Saudi flynas Launches Direct Flights to Seychelles

Saudi Female-Only Ride Hailing App Sees Growth in First Year of Operations
June 15th, 2021 - 11:00 GMT

Saudi Female-Only Ride Hailing App Sees Growth in First Year of Operations

HSBC Agrees with Morgan Stanley on Dubai Property Market Rally
June 15th, 2021 - 10:30 GMT

HSBC Agrees with Morgan Stanley on Dubai Property Market Rally

Emirates Group Posts $5.5b Billion Loss for the First Time in 30 Years
June 15th, 2021 - 10:00 GMT

Emirates Group Posts $5.5 Billion Loss for the First Time in 30 Years

Royal Jordanian Reaches Aircraft Lease Restructuring Deal to Reduce Covid-19 Losses
June 15th, 2021 - 09:30 GMT

Royal Jordanian Reaches Aircraft Lease Restructuring Deal to Reduce Covid-19 Losses

G7 Leaders Pledge Action to Reach Net-Zero Emissions by 2050
June 15th, 2021 - 09:00 GMT

G7 Leaders Pledge Action to Reach Net-Zero Emissions by 2050

Nokia: Most DDoS Attacks Originate ‘From Less than 50 Hosting Companies’
June 15th, 2021 - 08:30 GMT

Nokia: Most DDoS Attacks Originate ‘From Less than 50 Hosting Companies’

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