August 1, 2026

Oil Prices Surge Over 1 Percent Amid US-Iran Tensions

London: Oil prices settled more than 1 percent higher on Thursday, marking their strongest monthly performance since March as renewed tensions between the United States and Iran heightened concerns over global crude supplies.

According to Qatar News …

US Stocks Close Higher

Egypt: US stocks ended higher on Friday, with all three major Wall Street indexes posting gains at the close of trading.

According to Qatar News Agency, the S and P 500 rose 51.89 points, or 0.70%, to close at

Kuwaiti Oil Price Falls $1.41 to $85.28 per Barrel

Kuwait city: The price of Kuwaiti oil fell $1.41 to $85.28 per barrel in Friday’s trading, down from $86.69 per barrel in the previous session, according to the Kuwait Petroleum Corporation (KPC).

According to Qatar News Agency, in global markets,

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