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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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Gold Eyes Further Gains this Week
May 9th, 2021 - 07:00 GMT

Gold Eyes Further Gains this Week

couple watching TV
May 9th, 2021 - 06:00 GMT

What Do Ramadan TV Productions Tell Us About the MENA Entertainment Industry in 2021?

Egypt to Locally Produce 6 Million Doses of Chinese Sinovac Vaccine
May 8th, 2021 - 08:00 GMT

Egypt to Locally Produce 6 Million Doses of Chinese Sinovac Vaccine

Oman Adds Philippines, Egypt to Travel Ban List
May 8th, 2021 - 07:00 GMT

Oman Adds Philippines, Egypt to Travel Ban List

Social Media Giants Delete Posts Related to Tensions in Occupied Jerusalem
May 8th, 2021 - 06:00 GMT

Social Media Giants Delete Posts Related to Tensions in Occupied Jerusalem

Auto Industry Asks US Congress to Fund its Computer Chip Needs
May 8th, 2021 - 09:00 GMT

Auto Industry Asks US Congress to Fund its Computer Chip Needs

IEA Expects Clean Energy Demand for Critical Minerals to Rise
May 6th, 2021 - 04:00 GMT

IEA Expects Clean Energy Demand for Critical Minerals to Rise

Japanese Takeda Pharmaceutical Plans to Expand in Saudi Arabia
May 6th, 2021 - 03:00 GMT

Japanese Takeda Pharmaceutical Firm Plans to Expand in Saudi Arabia

flynas Announces Resuming Global Flights
May 6th, 2021 - 02:00 GMT

flynas Announces Resuming Global Flights

Sony Sees Record Highs in Sales, Operating Income
May 6th, 2021 - 01:00 GMT

Sony Sees Record Highs in Sales, Operating Income

Saudi Petrochem Companies' Revenues Recover by 368 Percent in Q1
May 6th, 2021 - 12:00 GMT

Saudi Petrochem Companies' Revenues Recover by 368 Percent in Q1

Boeing Plans to Expand 737-800 Boeing Converted Freighter Capacity
May 6th, 2021 - 11:00 GMT

Boeing Plans to Expand 737-800 Boeing Converted Freighter Capacity

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