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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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Gemini’s Winklevoss: Central Banks to Add Bitcoin to Balance Sheets
May 3rd, 2021 - 10:00 GMT

Gemini’s Winklevoss: Central Banks to Add Bitcoin to Balance Sheets

India: Exports Surge 3-Fold Amid Rising Concerns About A Shrinking Economy
May 3rd, 2021 - 09:00 GMT

India: Exports Surge 3-Fold Amid Rising Concerns About A Shrinking Economy

Startup of the Week: Preserving Arabic Culture In A Candle
May 3rd, 2021 - 08:15 GMT

Startup of the Week: From The Arabs - Preserving Arabic Culture In A Candle

GCC: E-Commerce Profits Soar to $20 Billion In 2020
May 3rd, 2021 - 07:30 GMT

GCC: E-Commerce Profits Soar to $20 Billion In 2020

World Press Freedom Day
May 3rd, 2021 - 06:00 GMT

How Free Is The Press In The Arab World?

UAE: Analysts Predict Gold to $1,800 this Week
May 2nd, 2021 - 03:00 GMT

UAE: Analysts Predict Gold to $1,800 this Week

JetBlue Acquires its First A321LR with New Airspace Cabins
May 2nd, 2021 - 02:00 GMT

JetBlue Acquires its First A321LR with New Airspace Cabins

UAE: Aramex CEO Resigns Over Personal Reasons
May 2nd, 2021 - 01:00 GMT

UAE: Aramex CEO Resigns Over Personal Reasons

WTO: Regulatory Barriers Account For 14 Percent of Trade Costs
May 2nd, 2021 - 12:00 GMT

WTO: Regulatory Barriers Account For 14 Percent of Trade Costs

NASA's Ingenuity Helicopter to Stay Longer on Mars
May 2nd, 2021 - 11:00 GMT

NASA's Ingenuity Helicopter to Stay Longer on Mars

World’s Largest Hotel Operator Witnesses Growth in Saudi Arabia
May 2nd, 2021 - 10:00 GMT

World’s Largest Hotel Operator Witnesses Growth in Saudi Arabia

UAE-Based Music Studio Acquires 4 Iconic Memes for Nearly $1M
May 2nd, 2021 - 09:00 GMT

UAE-Based Music Studio Acquires 4 Iconic Memes for Nearly $1M

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