Browsing: Business

Indonesia’s B50 biodiesel programme could save US$10.8 billion in 2026 while cutting diesel imports and increasing domestic palm oil use. The post Indonesia B50 biodiesel to save US$10.8 billion in 2026 appeared first on Arabian Observer: Observe more. Understand Arabia..

Oil prices surged more than 4% as Brent closed above $88, while reduced Strait of Hormuz traffic tightened Gulf energy flows during the week. The post Oil prices surge 4% as Brent crude closes above $88 appeared first on Arabian Observer: Observe more. Understand Arabia..

The United States will impose a 25% tariff on thousands of Brazilian imports from July 22, while coffee, beef and aircraft remain exempt. The post US adds 25% duty on Brazil imports beginning July 22 appeared first on Arabian Observer: Observe more. Understand Arabia..

U.S. consumer prices fell 0.4% in June as annual inflation slowed to 3.5%, driven by lower gasoline and broader energy costs nationwide. The post US inflation falls to 3.5% as energy prices retreat appeared first on Arabian Observer: Observe more. Understand Arabia..