July 9, 2026

Oil Prices Surge as US Launches Strikes on Iran

Doha: Oil prices rose Thursday after the United States launched new strikes on targets in Iran: Brent crude futures climbed 78 cents, or 1 percent, to $78.80 a barrel.

According to Qatar News Agency, US West Texas Intermediate (WTI) crude futures ro…

Dollar Stands Tall as Fuel Oil Price Surge

Doha: The dollar held firm against most major currencies on Thursday as renewed US strikes on Iran revived safe-haven bids while surging oil prices boosted rate hike bets, keeping the Japanese yen under pressure. The dollar fetched 162.41 yen, hoverin…