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BUSINESS

BUSINESS latest

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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Al Bawaba
January 29th, 2002 - 02:00 GMT

Middle East Airlines to deploy Galileo computerized reservation systems

Al Bawaba
January 29th, 2002 - 02:00 GMT

Cadiz’ Sun World to combine with KADCO on Tushka development

Al Bawaba
January 28th, 2002 - 02:00 GMT

Parliament decides to tax Iran’s powerful Islamic foundations

Al Bawaba
January 28th, 2002 - 02:00 GMT

Middle East Visa cardholders nearing six million

Al Bawaba
January 28th, 2002 - 02:00 GMT

Canon to open new Middle East headquarters at DIC

Al Bawaba
January 28th, 2002 - 02:00 GMT

Spain supplies 80 percent of Middle East olive oil needs

Al Bawaba
January 28th, 2002 - 02:00 GMT

Turkish cell operators lose 1.5 million customers in 2001

Al Bawaba
January 28th, 2002 - 02:00 GMT

Emirates National Oil Company launches bunkering subsidiary

Al Bawaba
January 28th, 2002 - 02:00 GMT

China Southern Airlines reinstates service to the Middle East

Al Bawaba
January 28th, 2002 - 02:00 GMT

Moroccan tourism down 23 percent since September 11

Al Bawaba
January 28th, 2002 - 02:00 GMT

Moroccan government to spend eight billion dollars on tourism by 2010

Al Bawaba
January 28th, 2002 - 02:00 GMT

Hotel occupancy in Agadir declined to 28 percent after September 11

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