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Oman Economic Times > Blog > East
Fighting spreads on a new Middle East front National

Fighting spreads on a new Middle East front

Sanaa: Yemen’s Iran-backed Ansar Allah claimed a missile attack on Saudi Arabia on Saturday as fighting between regional allies of the United States and Iran intensified on a new front. Houthi media said the rebels targeted the Saudi city of Jizan on the Red Sea, and Saudi’s civil defence issued warnings in the area on […]

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Oil touches prewar levels on rising Middle East supply Business

Oil touches prewar levels on rising Middle East supply

Side ENGALURU: Oil prices fell on Thursday to their lowest levels since before the outbreak of the Iran conflict, as improving supply conditions in the Middle East eased market concerns. Brent crude futures for August delivery declined $1.28, or 1.74 per cent, to $72.46 a barrel by 0845 GMT. US West Texas Intermediate crude fell […]

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