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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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Oman: Banks Face Soaring Bad Loans Amid Struggling Economy
April 29th, 2021 - 11:00 GMT

Oman: Banks Face Soaring Bad Loans Amid Struggling Economy

Saudi Arabia To Save Over $213 Billion In 10 years With Renewable Energy
April 29th, 2021 - 10:00 GMT

Saudi Arabia To Save Over $213 Billion In 10 years With Renewable Energy

Maldives’ GDP Projected to Grow 17.1 Percent In 2021 Thanks to Tourism
April 29th, 2021 - 09:00 GMT

Maldives’ GDP Projected to Grow 17.1 Percent In 2021 Thanks to Tourism

Sabic Secures Major Sustainability Achievements In 2020
April 29th, 2021 - 08:00 GMT

Sabic Secures Major Sustainability Achievements In 2020

Tech This Week: Twitter Combats 'Infodemic' with New Vaccine Fact Box
April 29th, 2021 - 07:30 GMT

Tech This Week: Twitter Combats 'Infodemic' with New Vaccine Fact Box

Saudi Arabia Reveals $15 Billion Opportunities for Responsible Investments
April 29th, 2021 - 07:00 GMT

Saudi Arabia Reveals $15 Billion Opportunities for Responsible Investments

Arabs use of Social Media
April 29th, 2021 - 06:00 GMT

How Have Arabs Used the Internet and Social Media in 2020?

GameStop CEO Steps Down with a $170 Million Pay Out
April 28th, 2021 - 05:00 GMT

GameStop CEO Steps Down with a $170 Million Pay Out

Burger King Introduces Its First Vegan Royale Burger
April 28th, 2021 - 04:00 GMT

Burger King Introduces Its First Vegan Royale Burger

Gold Prices Slip Over Firmer US Treasury Yields
April 28th, 2021 - 03:00 GMT

Gold Prices Slip Over Firmer US Treasury Yields

France, Germany to Spend Billions On Fighting Climate Change, Use of Digital Technology
April 28th, 2021 - 02:00 GMT

France, Germany to Spend Billions On Fighting Climate Change, Use of Digital Technology

Kuwait Oil Company to Award Over $900 Million Worth Tenders to Treat Polluted Soil
April 28th, 2021 - 01:00 GMT

Kuwait Oil Company to Award Over $900 Million Worth Tenders to Treat Polluted Soil

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