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Day: July 11, 2025

Trump Announces New 35% Tariff on Canadian Imports

Washington: US President Donald Trump announced plans to impose a 35% tariff on all imports from Canada, effective August 1, in response to Ottawa’s recent tariffs on American products. The announcement came via an official letter addressed to Canadia…

Oil Prices Edge Higher Amid Potential Sanctions on Russia

Doha: Oil prices edged higher on Friday after US President Donald Trump indicated he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, while concerns over tariffs and rising OPEC+ output lim…

Omani Oil Prices Retreat to $70.36 a Barrel

Muscat: The official price of Omani oil for September delivery today was recorded at $70.36 a barrel. The price experienced a decline of $1.52 from Thursday’s price of $71.88 a barrel.

According to Qatar News Agency, the monthly average price of Oma…

Kuwaiti Oil Falls to $71.97 a Barrel

Doha: The price of Kuwaiti oil fell $0.42 to $71.97 a barrel in trading on Thursday, compared to $72.39 a barrel the day before.

According to Qatar News Agency, in global markets, Brent crude futures fell $1.55 to $68.64 a barrel, while US West Texa…

Inflation in France Rises 0.9 Percent in June Year-on-Year

Paris: Data released by the French National Institute of Statistics and Economic Studies (INSEE) showed that the inflation rate in France rose by 0.9 percent year-on-year in June.

According to Qatar News Agency, the institute explained in a statemen…

Promising New Drug Tepilizumab Delays Onset of Type 1 Diabetes

London: Researchers have announced the development of a new drug called Tepilizumab, which has shown promising potential in delaying the onset of Type 1 Diabetes for several years, a breakthrough that could change the trajectory of treatment for this …

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