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March 6, 2026

Oil Prices Jump More Than 5% at Settlement

New york: Oil prices continued to rise on Thursday at settlement amid concerns over potential disruptions to shipping and supply due to the war in the Middle East. Brent crude rose by $4.09, or 5.02 percent, to settle at $85.49 per barrel.

According …

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Japanese Stocks Record Worst Weekly Decline in a Year

Ankara: Japanese stocks recorded their biggest weekly decline in nearly a year after today’s close, as tensions in the Middle East severely disrupted traffic through the Strait of Hormuz, crippling oil supplies and prompting investors to abandon risk …

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Oman Crude Oil Price Surpasses $100 per Barrel

Muscat: The official price of Omani crude oil surpassed the $100-per-barrel mark on Friday, reaching $100.31 for May delivery.

According to Qatar News Agency, the price of Omani crude rose by $5.84 compared with Thursday’s price of $94.47 per barrel…

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