Category: Industry

Oil Prices Surge Over 5% Amid Middle East Tensions

Paris: Oil prices rose sharply on Thursday, with Brent crude climbing more than 5%, as tensions in the Middle East continued to weigh on markets. Brent crude futures gained $5.79, or 5.66%, to settle at $108.01 a barrel. West Texas Intermediate (WTI) …

Read More

US Stock Indexes Close Lower

New york: Major indexes on Wall Street closed lower on Tuesday.

According to Qatar News Agency, the S and P 500 fell 48.74 points, or 0.66 percent, to close at 7,354.31. The Nasdaq Composite dropped 216.56 points, or 0.83 percent, to 25,874.18. Mea…

Read More

US Import Prices Hit Highest Increase in 4 Years

Doha: US import prices in February recorded their largest increase in four years, driven by a surge in energy costs amid the Middle East conflict, reinforcing signs of accelerating inflation in the coming months.

According to Qatar News Agency, the…

Read More