Kuwait city: The price of Kuwaiti oil dropped by $3.64 to $81.33 per barrel in Thursday’s trading, compared to $84.97 per barrel in the previous session, according to figures released by the Kuwait Petroleum Corporation (KPC).
According to Qatar New…
Doha: Gold is headed for its biggest weekly loss in six weeks as escalating tensions between the United States and Iran and higher oil prices fuel inflation concerns and strengthen expectations of US interest rate increase.
According to Qatar News
Doha: Oil prices rose on Friday amid renewed tensions between the United States and Iran and concerns about disruptions to crude supplies through the Strait of Hormuz. Brent crude futures rose $1.05, or about 1.25 percent, to $85.28 a barrel
Brussels: The European Union’s statistics office, Eurostat, announced that annual inflation in the euro area fell to 2.8% in June 2026, down from 3.2% in May, confirming its earlier preliminary estimate.
According to Qatar News Agency, energy prices…