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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
August 31st, 2014 - 10:31 GMT

Summer blues: Dubai hotel occupancy down by 4.6 percent

Al Bawaba
August 31st, 2014 - 09:38 GMT

Flydubai adds three new routes to East Africa

Al Bawaba
August 31st, 2014 - 08:58 GMT

Leading UAE energy company delivers first wind farm to Samoa Islands

Al Bawaba
August 31st, 2014 - 08:36 GMT

The wait is over! Qatar Airways gets ready to receive new Airbus A350

Al Bawaba
August 31st, 2014 - 06:45 GMT

Qatar's real estate prices soar by 20 percent in last six years

The irrigation minister added that additional studies would determine whether the projected height of the dam – along with its storage capacity – would have any negative consequences for Egypt.
August 31st, 2014 - 03:55 GMT

It's overrated? Egyptian minister downplays consequences of Ethiopia dam

Al Bawaba
August 31st, 2014 - 03:55 GMT

Gaza reconstruction to 'take 20 years'

Samsung said the Gear S will start selling from October. It did not give details on pricing or where it will be available.
August 31st, 2014 - 12:58 GMT

Seeking an alternate growth driver, Samsung unveils first watch that can make calls without a phone

Al Bawaba
August 28th, 2014 - 10:55 GMT

Look out UAE, Jannah Hotels and Resorts due to expand across the country!

Number plates in Dubai haven’t changed for decades
August 28th, 2014 - 10:55 GMT

Time for a change. Dubai cars to get new number plate design

Al Bawaba
August 28th, 2014 - 10:46 GMT

Good timing! Casio Middle East launches new watches

Al Bawaba
August 28th, 2014 - 10:33 GMT

Saudi stocks reach six-year high

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