UAE sends 30 tonnes of food aid to support drought-affected communities in Kenya
UAE provides urgent relief to support flood-affected communities in Mozambique
UAE signs cooperation agreement with UN World Food Programme to support humanitarian efforts in sudan
UAE reopens Sheikh Zayed Child Care Complex in Istanbul following comprehensive redevelopment
Oil
Prices EasesSingapore,
1 Jul (ONA) – Oil prices edged down today, weighed by concerns of an economic
slowdown driven by prospects of higher US tariffs.Brent
crude fell 16 cents, or 0.24%, to $66.58 a barrel, while US West Texas
Intermediate crude edged lower 20 cents, or 0.31%, to $64.91 a barrel.US
Treasury Secretary Scott Bessent warned that countries could be
notified of sharply higher tariffs, opens new tab despite good-faith
negotiations as a 9 July deadline approaches, when tariff rates are scheduled
to revert from a temporary 10% level to President Donald Trump’s
suspended rates of 11% to 50% announced on 2 April.—
Ends/AH
