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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 23rd, 2002 - 02:00 GMT

Thuraya takes full charge of Boeing’s turnkey telecom satellite

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Clinton: GCC leading Islamic world development

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Aspidex teams with Interactive to offer e-banking solutions

Al Bawaba
January 23rd, 2002 - 02:00 GMT

US Robotics’ regional presence helps curb modem gray market

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Cleopatra’s Spa opens at the Abu Dhabi Ladies Club

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Tunisian firms to explore Iraqi oil field

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Mondial-Dubai merges into Financial Partners International

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Compaq signs agreement with Dubai Internet City

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Iran’s 2002 budget projects a 45 percent growth

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Iran targets a 5.5 percent growth in 2002

Al Bawaba
January 23rd, 2002 - 02:00 GMT

Iran government needs to create 760,000 jobs

Al Bawaba
January 23rd, 2002 - 02:00 GMT

12-14 percent projected inflation in Iran for 2002

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