Tag : geopolitical tensions

Business

Global trade set for 2.7% growth in 2024, 3.0% in 2025: WTO report

omandailynews.com
MENA Newswire News Desk: Global merchandise trade showed signs of recovery in the first half of 2024 with a year-on-year increase of 2.3%, according to the latest Global Trade Outlook report. The report anticipates moderate growth continuing through the end of...
Business

Kuwait oil jumps $4.5 to $75.40 per barrel amid rising tensions

omandailynews.com
MENA Newswire News Desk: Kuwait crude oil prices saw a sharp increase of $4.5, reaching $75.40 per barrel on Wednesday, compared to $70.90 the previous day, according to the Kuwait Petroleum Corporation (KPC). This significant rise follows a surge in...