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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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G7 Nations 'Millimetre Away' from Historic Tech Tax Deal
June 5th, 2021 - 07:00 GMT

G7 Nations 'Millimetre Away' from Historic Tech Tax Deal

Jizzakh Petroleum Inks Finance Deal for Uzbek Gas Complex
June 5th, 2021 - 06:00 GMT

Jizzakh Petroleum Inks Finance Deal for Uzbek Gas Complex

Bahrain's Gulf Air Starts Debut Fight to Greek Island Mykonos
June 5th, 2021 - 05:00 GMT

Bahrain's Gulf Air Starts Debut Fight to Greek Island Mykonos

saving the planet
June 5th, 2021 - 06:00 GMT

Are People Willing to Pay More for Environment-Friendly Products?

economic crisis
June 3rd, 2021 - 02:00 GMT

What Do You Know About the 10 Worst Economic Crises in Modern History?

UAE's Masdar Bags Uzbekistan Tender for 457MW Solar PV Plant
June 3rd, 2021 - 01:00 GMT

UAE's Masdar Bags Uzbekistan Tender for 457MW Solar PV Plant

UK's GDI to Build $1 Billion Modular Assembly Plant in Saudi Neom
June 3rd, 2021 - 12:30 GMT

UK's GDI to Build $1 Billion Modular Assembly Plant in Saudi Neom

Bahrain Approves GSK's New COVID19 Treatment
June 3rd, 2021 - 12:00 GMT

Bahrain Approves GSK's New COVID19 Treatment

IATA Urges Countries to Allow Travel for the Tested, Vaccinated
June 3rd, 2021 - 11:30 GMT

IATA Urges Countries to Allow Travel for the Tested, Vaccinated

Oman: Gov't Profits Plummet 27.68 Percent to $7 Billion in 4 Months
June 3rd, 2021 - 11:00 GMT

Oman: Gov't Profits Plummet 27.68 Percent to $7 Billion in 4 Months

Turkey’s CB Chief: Worries Over Early Interest Rate Cut Are 'Unjustified'
June 3rd, 2021 - 10:30 GMT

Turkey’s CB Chief: Worries Over Early Interest Rate Cut Are 'Unjustified'

GCC's Major Economic Milestones Throughout The 40 Years
June 3rd, 2021 - 10:00 GMT

GCC's Major Economic Milestones Throughout The 40 Years

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