Market

Oil Prices Rise Over 9 Percent at Settlement

Doha: Oil prices rose more than 9 percent at settlement Thursday, amid concerns about a prolonged supply disruption due to the ongoing war in the Middle East. Brent crude futures rose $8.48, or 9.22 percent, to settle at $100.46 a barrel, their highes…

Gasoline Prices in US Surge Past $3.50 Amid Middle East Conflict

Washington: Data from price tracking services AAA and GasBuddy showed that the average national retail price of gasoline in the United States surpassed $3.50 a gallon this week, reaching its highest level since May 2024, as the Israeli-American war on…