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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: FDI Soars to $19.88 Billion In 2020 Despite COVID Impact
May 17th, 2021 - 01:30 GMT

UAE: FDI Soars to $19.88 Billion In 2020 Despite COVID Impact

Dubai Reopens Bars, Allows Weddings & Events to Resume
May 17th, 2021 - 01:00 GMT

Dubai Reopens Bars, Allows Weddings & Events to Resume

France Offers Free PCR Tests to Tourists
May 17th, 2021 - 12:30 GMT

France Offers Free PCR Tests to Tourists

Egypt: Saudi Citizens Now Need to Pay $25 For Visa Upon Arrival
May 17th, 2021 - 12:00 GMT

Egypt: Saudi Citizens Now Need to Pay $25 For Visa Upon Arrival

Saudi Arabia to Launch ‘Made in Saudi’ International Marketing Campaign
May 17th, 2021 - 11:30 GMT

Saudi Arabia to Launch ‘Made in Saudi’ International Marketing Campaign

S&P: Saudi Bank Mortgage Portfolios to Expand 60 Percent Over the Next Two Years
May 17th, 2021 - 11:00 GMT

S&P: Saudi Bank Mortgage Portfolios to Expand 60 Percent Over the Next Two Years

Gold Prices Soar to 3-Month High Amid Global Inflation Concerns
May 17th, 2021 - 10:30 GMT

Gold Prices Soar to 3-Month High Amid Global Inflation Concerns

Indian Rupee Up Supported by Positive Domestic Equities
May 17th, 2021 - 10:00 GMT

Indian Rupee Up Supported by Positive Domestic Equities

Italy: Port Workers Refuse Loading Arms Shipment Destined for Israel
May 17th, 2021 - 09:30 GMT

Italy: Port Workers Refuse Loading Arms Shipment Destined for Israel

Saudi Arabia: Ready Meal Market Projected to Grow At Annual Rate of 5.4 Percent
May 17th, 2021 - 09:00 GMT

Saudi Arabia: Ready Meal Market Projected to Grow At Annual Rate of 5.4 Percent

French EDF Renewables Supports Saudi Arabia Achieve Renewable Energy Targets
May 17th, 2021 - 08:30 GMT

French EDF Renewables Supports Saudi Arabia Achieve Renewable Energy Targets

Crypto News Recap: Tesla No Longer Accepts Bitcoin As Payment Option
May 17th, 2021 - 08:00 GMT

Crypto News Recap: Tesla No Longer Accepts Bitcoin As Payment Option

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