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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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Tech This Week: Social Media Platforms Practice Digital Apartheid on Pro-Palestine Content
May 20th, 2021 - 06:30 GMT

Tech This Week: Social Media Platforms Practice Digital Apartheid on Pro-Palestine Content

Italy Pilots World's First 30 Percent Natural Gas/Hydrogen Blend in Steel Forging
May 20th, 2021 - 06:00 GMT

Italy Pilots World's First 30 Percent Natural Gas/Hydrogen Blend in Steel Forging

8 Brands You Didn’t Know About Their Support to Israel
May 19th, 2021 - 02:00 GMT

8 Brands You Didn’t Know About Their Support to Israel

Saudi Arabia: Only Vaccinated People Can Enter Govt, Private Offices Starting Aug 1
May 19th, 2021 - 01:00 GMT

Saudi Arabia: Only Vaccinated People Can Enter Govt, Private Offices Starting Aug 1

Google, Samsung's Wearable Units Merge To Take On Apple Watch
May 19th, 2021 - 12:30 GMT

Google, Samsung's Wearable Units Merge To Take On Apple Watch

3 Best Investment Avenues to Explore in UAE
May 19th, 2021 - 12:00 GMT

3 Best Investment Avenues to Explore in UAE

UAE to Allow Investors, Entrepreneurs Full Ownership of Companies from June 1
May 19th, 2021 - 11:30 GMT

UAE to Allow Investors, Entrepreneurs Full Ownership of Companies from June 1

Egypt Prioritizes Vaccination of Tourism Workers
May 19th, 2021 - 11:20 GMT

Egypt Prioritizes Vaccination of Tourism Workers

ADNOC Invests $318 Million to Sustain Production of 650,000 bpd On Its Largest Onshore Asset
May 19th, 2021 - 10:40 GMT

ADNOC Invests $318 Million to Sustain Production of 650,000 bpd On Its Largest Onshore Asset

HSBC Saudi Arabia Agrees to Relocate 3 Units to SABB’s Unit
May 19th, 2021 - 10:10 GMT

HSBC Saudi Arabia Agrees to Relocate 3 Units to SABB’s Unit

Morgan Stanley Predicts Dubai Property Rally Could Last for Years
May 19th, 2021 - 09:30 GMT

Morgan Stanley Sees Dubai Property Rally to Last for Years

EU Trade Balance Sees $22.9 Billion Surplus in March
May 19th, 2021 - 09:00 GMT

EU Trade Balance Sees $22.9 Billion Surplus in March

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