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2026-09-07T07:39:08.000Z

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China's August exports up 25 percent

اقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربيةاقتصاد سكاي نيوز عربية
2 Hrs2026-09-08T04:55:54.000Z
China's August exports up 25 percent

Deutsche Bank predicts two Euro rate hikes in 2026

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20 Hrs2026-09-07T10:36:00.000Z
Deutsche Bank predicts two Euro rate hikes in 2026

Huawei and Xiaomi unveil new foldables

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21 Hrs2026-09-07T09:32:00.000Z
Huawei and Xiaomi unveil new foldables

Al-Kathiri reports 22.8M riyals loss in Q2 2026

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23 Hrs2026-09-07T07:43:01.322Z
Al-Kathiri reports 22.8M riyals loss in Q2 2026

Goldman Sachs warns of potential $120 oil risks

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23 Hrs2026-09-07T07:19:34.878Z
Goldman Sachs warns of potential $120 oil risks

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Oil prices climb on Hormuz tensions

Oil prices climb on Hormuz tensions

Oil prices have risen, with Brent crude registering at $97.33 per barrel and West Texas Intermediate increasing to $92.36. This comes amid concerns over long-term disruptions to Middle Eastern supplies due to retaliatory attacks between the United States and Iran on oil tankers in the Strait of Hormuz. American forces targeted three Iranian vessels, which Iran responded to by attacking three American ships, leading to a deterioration of the maritime situation and increasing risks to global oil supplies. Analysts expect the military conflicts and their impacts to continue, likely delaying a full recovery of flows until late 2026. Concurrently, there is a potential crisis looming in bunker fuel used for ships and electricity generation during the third quarter of the year.

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