July 7, 2026
Trending now

Brazil exits World Cup after Norway Round of 16 victory

Iraq sets Halliburton contract for Basra oil fields

India and Japan expand AI and economic security ties

World Bank backs Morocco hydropower storage with $265m

Emirates tops 1 million Starlink Wi-Fi connections

Oyarzabal brace sends Spain past Austria at World Cup

Harry Kane lifts England into World Cup round of 16

South Korea exports reach record US$102.25 billion in June

Mexico advances after 2-0 win over Ecuador in World Cup

Japan new car sales rise 1.8% in first half of 2026

Tag : United States

Business

Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpd

omandailynews.com
Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on Sunday, ahead of a virtual meeting of an OPEC+ ministerial panel. The unexpected move takes the total volume of cuts by OPEC+ to 3.66 million bpd, equal to 3.7% of......
Business

United States sanctions a Lebanese businessman over Hezbollah links

omandailynews.com
The United States Treasury Department has imposed severe sanctions against Hezbollah, specifically targeting the group’s financial facilitator, Lebanese businessman Ahmad Jalal Reda Abdallah, and his companies. The Treasury Department’s Office of Foreign Assets Control has sanctioned eight of Abdallah’s companies located in Lebanon and Iraq. The Treasury Department has announced......