Muscat: The official price of Oman crude oil for June delivery rose to $101.91 per barrel on Friday, according to data released in Muscat. This increase marks a gain of 66 cents compared to Thursday’s price of $101.25, continuing an upward trend in re…
Doha: Global oil prices have dropped by more than 10 percent following the announcement of the full reopening of the Strait of Hormuz, easing concerns over supply disruptions. The price of Brent crude for June delivery fell by 10.42 percent to USD 89….
Istanbul: European stock markets opened cautiously on Friday as investors await developments in the Middle East and corporate earnings results. The STOXX Europe 600 is on track for a fourth consecutive weekly gain, despite a slight decline of 0.04 per…
Brussels: The head of the International Air Transport Association has warned that parts of Europe could begin canceling flights from late May due to potential jet fuel shortages, raising concerns about disruption during the busy summer travel season. …