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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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Al Bawaba
November 20th, 2014 - 04:01 GMT

The best PR firm there is? Disney comes to Egypt, sends 'happy' message to investors

Çelik noted that the government plans to amend the existing law in order to give companies that have not yet acquired a specialist extra time to comply.
November 20th, 2014 - 04:55 GMT

470,000 lack workplace safety in Turkey

Al Bawaba
November 20th, 2014 - 04:55 GMT

Better than London and New York: Dubai ranks as top city to work in

The region's airlines are securing funds as they take delivery of what Boeing has forecast to be a need for 2,610 aircraft by 2033,
November 20th, 2014 - 04:55 GMT

Part of a $550 billion 'explosion': Gulf airlines splurge on 16 new aircrafts

Al Bawaba
November 20th, 2014 - 04:55 GMT

Bank of Tokyo-Mitsubishi fined $315 million for 'bad dealings' with Iran

Al Bawaba
November 19th, 2014 - 04:55 GMT

A healthy sector: private hospitals in Jordan hit $2.8 billion

Global cocoa consumption has grown by an average of three percent every year from 2008 to 2012.
November 19th, 2014 - 04:55 GMT

A global tragedy: the world is running out of chocolate

Al Bawaba
November 18th, 2014 - 08:12 GMT

Operation Protective Edge puts Israeli economic growth in the negative for first time since 2009

Elsalamawy said that he was unable to confirm the figures but stated that “Solar energy does not constitute a significant portion of the energy in Egypt”.
November 18th, 2014 - 06:47 GMT

Not so bright: Egypt's solar energy production falls 48%

The helicopter can carry four people and is capable of flying up to 14,000 feet. It has a 300-horsepower engine.
November 18th, 2014 - 06:38 GMT

Talk about a comeback: Iran displays its first locally made helicopter, drone

China will double its investment in Iran's energy projects, an Iranian official said Sunday.
November 18th, 2014 - 05:58 GMT

The tide is shifting: China to double its energy investments in Iran

The proposed cloud will be built using capacity on international fibre optic cables incorporating geographical diversity and resilience.
November 18th, 2014 - 04:55 GMT

The two Qatari 'giants' come together: Oooredo in deal to build monumental media cloud for Al-Jazeera network

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