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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 21st, 2002 - 02:00 GMT

IBM scoops two awards at Middle East IT Awards

Al Bawaba
January 21st, 2002 - 02:00 GMT

Al-Jallaf opens new Abu Dhabi Jeep showroom

Al Bawaba
January 21st, 2002 - 02:00 GMT

Four largest Middle East pay-TV networks to merge

Al Bawaba
January 21st, 2002 - 02:00 GMT

Saudi British Bank reports 11.7 percent rise in profits

Al Bawaba
January 21st, 2002 - 02:00 GMT

Egyptian aviation company will invest $250 million in Volga region

Al Bawaba
January 21st, 2002 - 02:00 GMT

UAE trade with Arabian Gulf States on the rise

Al Bawaba
January 21st, 2002 - 02:00 GMT

UAE’s imports from Arabian Gulf States increased by four percent

Al Bawaba
January 21st, 2002 - 02:00 GMT

UAE non oil exports increased by 12 percent in 1999

Al Bawaba
January 21st, 2002 - 02:00 GMT

UAE trade with Saudi Arabia increased by four percent in 1999

Al Bawaba
January 21st, 2002 - 02:00 GMT

US dollar’s rising exchange rate boost gold prices

Al Bawaba
January 21st, 2002 - 02:00 GMT

Saudi government will not build Jazan fish breeding facilities

Al Bawaba
January 21st, 2002 - 02:00 GMT

Saudi fish production is equivalent to 43 percent of local consumption

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