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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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Oil Inches Up Amid Resume of Iran Nuclear Deal Talks
May 24th, 2021 - 08:30 GMT

Oil Inches Up Amid Resume of Iran Nuclear Deal Talks

UAE's Hope Probe Begins To Gather Science Data From Mars
May 24th, 2021 - 08:00 GMT

UAE's Hope Probe Begins To Gather Science Data From Mars

Spain to Open Doors to All Vaccinated Tourists Starting June 7
May 24th, 2021 - 07:30 GMT

Spain to Open Doors to All Vaccinated Tourists Starting June 7

Crypto News Recap: Bitcoin Price Dips Below $35K, China FUD, Fans Create $STOPELON Coin
May 24th, 2021 - 07:00 GMT

Crypto News Recap: Bitcoin Price Dips Below $35K, China FUD, Fans Create $STOPELON Coin

Bahrain Halts Entry for Travellers From 'Red List' Countries
May 24th, 2021 - 06:30 GMT

Bahrain Halts Entry for Travellers From 'Red List' Countries

After Israeli Bombardment, Gaza Businesses Will Take Time to Rebound
May 24th, 2021 - 06:00 GMT

After Israeli Bombardment, Gaza Businesses Will Take Time to Rebound

Israel and Palestine flags
May 23rd, 2021 - 02:00 GMT

Palestine vs Israel: How Is Each Economy Doing?

UAE On Track to Provide Low Cost, Low Carbon Energy As Demand Soars
May 23rd, 2021 - 01:00 GMT

UAE On Track to Provide Low Cost, Low Carbon Energy As Demand Soars

UAE Out of US Intellectual Property Protection Watch List
May 23rd, 2021 - 12:30 GMT

UAE Out of US Intellectual Property Protection Watch List

Dubai: EV Owners to Get Free Parking, Salik Tags
May 23rd, 2021 - 12:00 GMT

Dubai: EV Owners to Get Free Parking, Salik Tags

Labour Law in UAE: Can Immigration Ban be Lifted?
May 23rd, 2021 - 11:30 GMT

Labour Law in UAE: Can Immigration Ban be Lifted?

UAE: Can Tenants Ask Landlord to Repaint Rented Flat Yearly?
May 23rd, 2021 - 11:00 GMT

UAE: Can Tenants Ask Landlord to Repaint Rented Flat Yearly?

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