UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
UAE responds to relief efforts for people affected in Lebanon
Under President’s directives, UAE allocates US$10 million in urgent relief aid for Venezuela earthquake victims
UAE-held International Roundtable on Humanitarian Prediction and Consequent Action concludes
New York, July 07 (QNA) – Oil prices rose 3 percent at settlement on Tuesday after the United States revoked a general license that had allowed the sale of Iranian crude, reviving concerns over potential disruptions to oil tanker traffic as well, following reports of attacks on tankers near the Strait of Hormuz.
Brent crude futures rose $2.17, or 3.01 percent, to settle at $74.16 a barrel.
US West Texas Intermediate (WTI) crude gained $1.89, or 2.76 percent, to $70.44 a barrel.
In post-settlement trading, the global benchmark crude rose $1.87 to $76.03, while WTI jumped $1.76 to $72.20. (QNA)