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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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Can VAT Cuts Help The Post-Pandemic Economy?
April 28th, 2021 - 12:00 GMT

Can VAT Cuts Help The Post-Pandemic Economy?

Egypt: Economic Losses Soar to $23.6 Billion Due to Pandemic
April 28th, 2021 - 11:00 GMT

Egypt: Economic Losses Soar to $23.6 Billion Due to Pandemic

Saudi Arabia: No Plans for Income Tax, VAT Increase Is Temporary
April 28th, 2021 - 10:00 GMT

Saudi Arabia: No Plans for Income Tax, VAT Increase Is Temporary

OPEC+ to Sustain Output Increase Despite India Virus Fears
April 28th, 2021 - 09:00 GMT

OPEC+ to Sustain Output Increase Despite India Virus Fears

Saudi Shura Council Approves New Draft Waste Management Law
April 28th, 2021 - 08:00 GMT

Saudi Shura Council Approves New Draft Waste Management Law

UAE: Not Complying to AML Rules Could Result In Dh5 Million Fine
April 28th, 2021 - 07:00 GMT

UAE: Not Complying to AML Rules Could Result In Dh5 Million Fine

Employee Safety and Health: How Did MENA Companies Ensure it During The Pandemic?
April 28th, 2021 - 06:00 GMT

Employee Safety and Health: How Did MENA Companies Ensure it During The Pandemic?

Pfizer to Produce First Pill to Cure COVID-19
April 27th, 2021 - 04:00 GMT

Pfizer to Produce First Pill to Cure COVID-19

Apple Reveals New Privacy Feature for iPhone, iPad
April 27th, 2021 - 03:00 GMT

Apple Reveals New Privacy Feature for iPhone, iPad

US: Apple's New Campus to Create 20,000 Jobs
April 27th, 2021 - 02:00 GMT

US: Apple's New Campus to Create 20,000 Jobs

Facebook to Release Its Own In-App Podcast Player
April 27th, 2021 - 01:00 GMT

Facebook to Release Its Own In-App Podcast Player

Gold Projected To Slip to $1,750 if It Fails to Break Above $1,800
April 27th, 2021 - 12:00 GMT

Gold Projected To Slip to $1,750 if It Fails to Break Above $1,800

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