Market

Oil Prices Dip But Maintain Weekly Gains Amid US-Iran Tensions

Doha: Oil prices fell in trading on Friday but remained on track for weekly gains of more than 6% amid renewed escalation between the United States and Iran. Brent crude futures saw a decrease of 23 cents, or 0.24%, bringing the price to $95.29 a barr…

Global Food Prices Surge in August to Hit Highest Level Since 2022

Doha: Global food prices rose in August to their highest level since late 2022, driven by adverse weather conditions and disruptions linked to conflicts in the Middle East and the Black Sea region, raising concerns over supplies of key crops. The UN F…