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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: Property Owners Get 5 Years Residency Visa
May 30th, 2021 - 11:30 GMT

UAE: Property Owners Get 5 Years Residency Visa

How Many Times Can You Extend Your UAE Visit Visa?
May 30th, 2021 - 11:00 GMT

How Many Times Can You Extend Your UAE Visit Visa?

EU Authorizes Pfizer-BioNTech COVID-19 Vaccine for Children As Young As 12
May 30th, 2021 - 10:30 GMT

EU Authorizes Pfizer-BioNTech COVID-19 Vaccine for Children As Young As 12

Egypt Seeks Out-of-Court Settlement with Ever Given Owners
May 30th, 2021 - 10:00 GMT

Egypt Seeks Out-of-Court Settlement with Ever Given Owners

All You Need to Know about Biden's $6 Trillion Budget
May 30th, 2021 - 09:30 GMT

All You Need to Know about Biden's $6 Trillion Budget

Saudi Arabia Lifts Travel Ban on UAE, Germany, US and 8 Other Countries
May 30th, 2021 - 09:00 GMT

Saudi Arabia Lifts Travel Ban on UAE, Germany, US and 8 Other Countries

Saudi IT Spending to Hit $27.7 Billion in 2021
May 30th, 2021 - 08:30 GMT

Saudi IT Spending to Hit $27.7 Billion in 2021

Bahrain: S&P Revises Outlook to “Negative” Due to Fiscal Reform’s Pace
May 30th, 2021 - 08:00 GMT

Bahrain: S&P Revises Outlook to “Negative” Due to Fiscal Reform’s Pace

Gaming Giant Eyes Establishing Regional e-Sports Hub in Riyadh
May 30th, 2021 - 07:30 GMT

Gaming Giant Eyes Establishing Regional e-Sports Hub in Riyadh

Russia Confirms Second $500 Million Loan to Belarus
May 30th, 2021 - 07:00 GMT

Russia Confirms Second $500 Million Loan to Belarus

Egypt Refloats Another Stranded Ship in Suez Canal Successfully
May 30th, 2021 - 06:30 GMT

Egypt Refloats Another Stranded Ship in Suez Canal Successfully

Energy Recap: Oil Demand Recovery Unlikely to Disrupt OPEC+ Plans
May 30th, 2021 - 06:00 GMT

Energy Recap: Oil Demand Recovery Unlikely to Disrupt OPEC+ Plans

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