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Oil Rises 3% at Settlement Following Strait of Hormuz Closure

Doha: Oil prices rose by more than 3 percent at settlement today, as concerns persisted over tight supply following the closure of the Strait of Hormuz. Brent crude futures for June delivery increased by $3.03, or 2.8 percent, to settle at $111.26 per…

Qatar and UK Discuss Strengthening Energy Cooperation

Doha: HE Minister of State for Energy Affairs Eng. Saad bin Sherida Al Kaabi held talks on Wednesday with HE Secretary of State for Energy Security and Net Zero of the United Kingdom, Ed Miliband, focusing on bilateral ties in the energy sector.

Acc…