Tokyo: Japan will start releasing oil from state reserves on Thursday, Prime Minister Sanae Takaichi said, after Tokyo started a similar operation last week. Takaichi stated that Japan will begin releasing national reserves from Mar. 26th to ensure th…
Doha: European stocks closed higher today, as investors weighed hopes for a de-escalation of the Middle East conflict against concerns about long-term economic damage.
According to Qatar News Agency, the pan-European Stoxx 600 index rose 0.4 percen…
Seoul: The South Korean government is considering imposing restrictions on naphtha exports as the country is facing supply shortages of the material, widely used across petrochemical and other industries, due to persisting geopolitical tensions in the…
Doha: Oil prices rose in early trading Tuesday on supply concerns. Brent futures rose $1.06, or 1.1%, to $101 a barrel, while US West Texas Intermediate (WTI) climbed $1.50, or 1.8%, to $89.71.
According to Qatar News Agency, the military escalation…
New york: The dollar nursed steep losses against major currencies on Tuesday in a wild start to the week after US President Donald delayed the bombing of Iran’s power grid, a move that allayed fear of a prolonged war in the Middle East.
According to…
Kuwait city: The price of a barrel of Kuwaiti oil dropped by $8.48 to settle at $156.50 in trading on Friday, compared to $164.98 in the previous session, according to the official price announced by the Kuwait Petroleum Corporation (KPC).
According…
Muscat: Oman’s GDP at current prices reached OMR 42.14 billion by the end of December 2025, marking a 2.3 percent increase compared to 2024.
According to Qatar News Agency, data from the National Centre for Statistics and Information showed that GD…
Washington: The US temporarily lifted sanctions on the sale of Iranian oil loaded on vessels as of March 20, in a bid to curb the increase in energy prices resulting from the war in the Middle East. The suspension of sanctions would expire on April 19…