Oil prices rose nearly 3% on Monday as US-Iran peace talks stalled and global supply concerns deepened. Brent crude climbed to $108.36 per barrel, reaching a three-week high. The increase reflects tightening supply conditions and geopolitical uncertainty. West Texas Intermediate also gained, rising to $96.85 per barrel as market sentiment strengthened. Both benchmarks recorded significant […]
Brent crude price
Middle east war wipes $120 billion
The Middle East conflict has erased $120 billion from Dubai and Abu Dhabi stock markets. Rising oil prices are hurting global economies and increasing financial pressure on businesses. Investors, consumers, and regional markets face growing uncertainty due to escalating tensions. According to Arab media reports, UAE stock markets suffered massive losses since the conflict began. […]