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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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UAE: ADIA Mulls Joining Medline Buyout Group
June 10th, 2021 - 10:00 GMT

UAE: ADIA Mulls Joining Medline Buyout Group

Netflix Launches New Hardship Fund to Support Arab TV, Film Community
June 10th, 2021 - 09:30 GMT

Netflix Launches New Hardship Fund to Support Arab TV, Film Community

Worldwide Internet Blackout Caused by ONE IT Customer!
June 10th, 2021 - 09:00 GMT

Worldwide Internet Blackout Caused by ONE IT Customer!

Saudi Arabia: Tourism Spending Plummets 61.5 Percent In 2020
June 10th, 2021 - 08:30 GMT

Saudi Arabia: Tourism Spending Plummets 61.5 Percent In 2020

TikTok Launches Bimonthly Video Newsletter
June 10th, 2021 - 08:00 GMT

TikTok Launches Bimonthly Video Newsletter

Canada's TC Energy Cancels Keystone XL Pipeline Project Blocked by Biden
June 10th, 2021 - 07:30 GMT

Canada's TC Energy Cancels Keystone XL Pipeline Project Blocked by Biden

America's Billionaires Pay Almost No Income Tax
June 10th, 2021 - 07:00 GMT

America's Billionaires Pay Almost No Income Tax

Global Air Passenger Demand Up Jolted By Domestic Markets
June 10th, 2021 - 06:30 GMT

Global Air Passenger Demand Up Jolted By Domestic Markets

Hussain Sajwani Resigns as Damac Chairman To Take Developer Private
June 10th, 2021 - 06:05 GMT

Hussain Sajwani Resigns as Damac Chairman To Take Developer Private

Saudi economy
June 9th, 2021 - 02:00 GMT

How Does Saudi Arabia Plan to Diversify Its Oil-Based Economy?

Hong Kong Team Creates Healthcare Robot for COVID Patients
June 9th, 2021 - 01:00 GMT

Hong Kong Team Creates Healthcare Robot for COVID Patients

Samsung Develops 8nm Radio Frequency Chip Process Technology
June 9th, 2021 - 12:30 GMT

Samsung Develops 8nm Radio Frequency Chip Process Technology

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