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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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Budget Carrier Air Arabia Resumes Seasonal Flights to Batumi
May 27th, 2021 - 10:00 GMT

Budget Carrier Air Arabia Resumes Seasonal Flights to Batumi

Shell Ordered by Dutch Court to Reduce Carbon Emissions
May 27th, 2021 - 09:30 GMT

Shell Ordered by Dutch Court to Reduce Carbon Emissions

Pandemic Boosts Sales of Second-Hand Luxury Goods Market
May 27th, 2021 - 08:30 GMT

Pandemic Boosts Sales of Second-Hand Luxury Goods Market

UN World Tourism Organization to Establish HQ in Riyadh
May 27th, 2021 - 08:00 GMT

UN World Tourism Organization to Establish HQ in Riyadh

Tech This Week: Google Slammed for Results Showing ‘Keffiyeh’ as Terrorist Headwear, Amazon Employees Voice Support for Palestine
May 27th, 2021 - 07:30 GMT

Tech This Week: Google Slammed for Results Showing ‘Kuffiyeh’ as Terrorist Headwear, Amazon Employees Voice Support for Palestine

Facebook Lifts Ban on Content Claiming COVID Was Made In Lab
May 27th, 2021 - 07:00 GMT

Facebook Lifts Ban on Content Claiming COVID Was Made In Lab

Saudi Central Bank Mulls Adding COVID-19 Insurance Coverage for Non-Saudi Tourists
May 27th, 2021 - 06:30 GMT

Saudi Central Bank Mulls Adding COVID-19 Insurance Coverage for Non-Saudi Tourists

Amazon Acquires MGM for $8.45 Billion
May 27th, 2021 - 06:00 GMT

Amazon Acquires MGM for $8.45 Billion

The Thin Line Between Press Freedom and Freedom of Speech
May 26th, 2021 - 02:00 GMT

The Thin Line Between Press Freedom and Freedom of Speech

QNB Removes Former Finance Minister from Board
May 26th, 2021 - 01:00 GMT

QNB Removes Former Finance Minister from Board

Select Group, ESIC Acquire Palm Jumeirah Beachfront Plot
May 26th, 2021 - 12:30 GMT

Select Group, ESIC Acquire Palm Jumeirah Beachfront Plot

Amazon Web Services to Build Data Centers in UAE
May 26th, 2021 - 12:00 GMT

Amazon Web Services to Build Data Centers in UAE

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