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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
September 25th, 2014 - 11:05 GMT

It's flexible: Iphone 6 plus can bend in your pocket

Al Bawaba
September 25th, 2014 - 10:51 GMT

Splurging on its beloved: Saudi Arabia sent $3 billion worth of oil products to Egypt

Al Bawaba
September 25th, 2014 - 07:49 GMT

Israel's GDP per capita growth 'close to zero'

Al Bawaba
September 25th, 2014 - 03:03 GMT

Across the universe: solar-powered flight to launch world tour from Abu Dhabi

The announcement came after Madbouly’s visit  to the United States this week to meet with World Bank officials, a Tuesday statement from the ministry said.
September 25th, 2014 - 04:55 GMT

World Bank to grant Egypt $1.5 billion for sanitation, housing projects

Jordan has the highest rates of ICT services in the Middle East and North Africa (MENA)
September 25th, 2014 - 04:55 GMT

Jordan ICT sector best in the Middle East, according to Ericsson

Al Bawaba
September 25th, 2014 - 03:55 GMT

One last shot? Blackberry to introduce unconventional smartphone 'passport'

Europe does not have the infrastructure to accept LNG in major quantities.
September 24th, 2014 - 12:04 GMT

Not a saviour: Qatar says it won't liberate Europe from dependency on precarious Russian gas

DAMAS, the Middle East's leading jewelry and watch retailer, has bolstered its presence in the region with the launch of its first luxury boutique in Riyadh, Saudi Arabia.
September 24th, 2014 - 11:51 GMT

A gem in the middle of the desert: Damas to open first luxury boutique in Saudi Arabia

The Global Infrastructure Investment Index ranks the world’s 41 most dynamic countries with the greatest potential for growth and investment in their economic infrastructure.
September 24th, 2014 - 03:55 GMT

UAE overtakes Canada in terms of infrastructure investment

According to Israeli military experts, the country's submarines could be used as a second strike capability in case of an Iranian attack using non-conventional weapons.
September 24th, 2014 - 03:55 GMT

A historic irony: Germany supplies Israel with world's most advanced submarine

Dozens of Chinese firms are producing and exporting "tools of torture", from electric stun guns to metal spiked batons, to countries with bad human rights records, rights group Amnesty International said on Tuesday.
September 23rd, 2014 - 01:56 GMT

Could the Middle East be an importer? Chinese firms top producers of 'tools of torture'

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