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May 7, 2026

Oil Prices Retreat 7% at Settlement

Kuwait: Oil prices fell by more than 7 percent at settlement today. Brent crude futures settled down $8.60, or 7.83 percent, at $101.27 a barrel, while U.S. crude futures settled down $7.19, or 7.03 percent, at $95.08 a barrel.

According

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Global Debt Reaches Record $353 Trillion in March

Kuwait: The Institute of International Finance revealed that global debt reached a record high of around $353 trillion by the end of last March. In its quarterly Global Debt Monitor report, the institute said there were signs that investors were

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German Parliament Rejects Return to Nuclear Power

The bundestag: The Bundestag rejected today returning to nuclear energy as an alternative to overcome fuel-related crises, most notably the crisis stemming from the war with Iran and tensions in the Middle East.

According to Qatar News Agency, the C…

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German Parliament Rejects Return to Nuclear Power

The bundestag: The Bundestag rejected today returning to nuclear energy as an alternative to overcome fuel-related crises, most notably the crisis stemming from the war with Iran and tensions in the Middle East.

According to Qatar News Agency, the C…

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