Business

EU Offers Support to Ukraine for Druzhba Pipeline Repairs

Brussels: European Union (EU) officials announced Tuesday that Ukraine has accepted European technical and financial assistance to repair the Druzhba pipeline, which carries Russian oil to Hungary and Slovakia. European Commission President Ursula von…

Jordan’s Wheat Reserves Sufficient for 5.5 Months, Minister Says

Jordan: Jordan’s Minister of Industry, Trade and Supply Yarub Qudah announced that the Kingdom’s wheat reserves are adequate to cover consumption for 5.5 months, with an additional four-month supply already contracted and on its way. This statement wa…

Oman Crude Jumps Above $150 per Barrel

Muscat: The official price of Omani crude oil for May delivery rose sharply on Tuesday, gaining $4.58 to reach $152.58 per barrel, compared to $147.79 in the previous session.

According to Qatar News Agency, the average monthly price of Omani crude …