Business
Business
OPEC+ Oil Quotas Rise 188,000 Bpd for September
VIENNA: Seven OPEC+ countries agreed on August 2 to raise their combined oil production quotas by 188,000 barrels per day…
Trump Account Closures Followed AML Review, Bank Says
MIAMI: Trump account closures affecting more than 300 Capital One accounts followed a months-long anti-money-laundering review, the bank said in…
Taiwan GDP Growth Reaches 12.92% as AI Exports Surge
TAIPEI, Taiwan: Taiwan's GDP growth reached 12.92% year on year in the second quarter of 2026, official data showed, as…
Iraq Türkiye Oil Pipeline Deal Targets 750,000 Bpd
ANKARA, Türkiye: Iraq and Türkiye signed a one-year agreement on August 1 covering the Iraq–Türkiye oil pipeline, which can transport…
Oil Prices Rise Over 1% on Iran Hormuz Vessel Claims
CAIRO/DUBAI: Oil prices rose more than 1% on Friday after Iran said it stopped two vessels from leaving the Strait…
Oil Prices Rise Over 1% on Iran Hormuz Vessel Claims
CAIRO/DUBAI: Oil prices rose more than 1% on Friday after Iran said it stopped two vessels from leaving the Strait…
Shelbit Crypto Exchange Moved $4 Billion, Reuters Finds
DUBAI, UAE: The unlicensed Shelbit crypto exchange processed at least $4 billion for an Iranian gambling network spanning more than…
Sorange Coal Mine Blast Kills at Least 34 Near Quetta
QUETTA, Pakistan: The Sorange coal mine blast killed at least 34 workers near Quetta, Balochistan, after methane gas triggered an…
Oil Prices Fall Over $1 but Head for 20% Monthly Gain
Oil prices fell more than $1 on Friday, with Brent at $88 and WTI at $82.09, but both benchmarks remained…