John Benny

S&P 500 has entered correction territory as threat of global trade war escalates, analysts say

But American steel and aluminium firms could see short-term gains as tariffs make products more competitive, report says

Dubai-based decarbonisation company secured 43 new solar projects across the Gulf region last year

ADQ will hold a 58 per cent majority stake in the Middle East’s largest courier company

Washington will not 'allow Iran any degree of economic or financial relief'

Brent, the benchmark for about two thirds of the world oil, has lost about 5 per cent of its value since last Friday

Tariffs, rising supply and higher US crude stocks have weighed on oil futures this week

Producers' group will proceed with a 'gradual and flexible' unwinding of voluntary production cuts of 2.2 million barrels per day

Oil prices fell nearly 2 per cent on Tuesday after producers' group decided to ease supply cuts from April

Company to distribute $85bn in dividends this year compared with $124bn last year

Purpose of the meeting on March 4 is to discuss issues related to existing contracts, oil ministry says

Iraq will export 185,000 barrels per day through state-run oil marketing firm SOMO

US President Donald Trump says 25 per cent tariffs on Mexican and Canadian goods will go into effect on March 4

Motorists will pay less at the pump next month

Middle East countries, with ample capital, can drive US 'friendshoring' and diversification efforts, but experts say Donald Trump's plan for Gaza could complicate ties