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Oil prices climb $2 on strong demand, tight supply

LONDON: Oil prices rose almost $2 on Tuesday on high summer fuel demand while supplies remain tight because of sanctions on Russian oil after its invasion of Ukraine, Reuters is reporting. Brent

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Just in:
Dubai Retail schedules 38 Ibn Battuta Mall openings // Full Collaboration Of INDIA Bloc And CJP Needed To Fight Modi Govt // Attackers exploit Bricksforge flaw to breach WordPress websites // OPPO Partners with Manus to Bring Agentic AI Experiences to Smartphones // Sheikh Mohammed bin Khalid investment arm backs COFE Tech // Canada appoints national AI council to advise government // It’s Time For British Labour Party To End Its Evasions On The Issue Of Genocide // VinFast announces special incentives for new electric motorcycle showrooms in Indonesia and the Philippines, accelerating distribution network expansion // Sprite Expands Global Basketball Footprint with NBA’s Nikola Jokić and New “Never Stop Refreshing The Game” Platform // Britain retains mansion tax threshold despite fiscal pressures // KFC schedules Kenyan debut for Kentucky Town festival // Alibaba introduces new Qwen glasses with biometric payments // ADIA evaluates anchor stake as Zetwerk prices IPO // Chamet Brings Real-Time AI Translation in 50+ Languages and Multimodal Safety AI to Cross-Border Video Chat // Fake Marketplace adverts exploit users’ names to solicit replies // Gargash urges Gulf states to reinforce collective defences // Anthropic disconnects internal AI tests after website breaches // Microsoft introduces Maia 300 for large-scale AI deployment // UK widens Saudi travel warnings, raising insurance risks // HKTDC Hong Kong International Lighting Fair (Autumn Edition) and Hong Kong International Outdoor and Tech Light Expo Set to Illuminate this October //