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COP31 climate summit opens in Antalya as leaders urged to turn pledges into actionDebutant Tayyab Arif smashes Pakistan's fastest Test-debut fifty as hosts reach 214-3 at tea against Sri LankaBrent crude suffers steepest weekly fall since 2020 as Middle East price war and Iran-talk hopes flood the marketRamayana crosses Rs500 crore worldwide in four days as it becomes the world's second-biggest film of the weekendPoliceman killed and three abducted as terrorists attack Hangu police post in Khyber PakhtunkhwaNVIDIA, Rebellions and SK Telecom join forces to build South Korea's sovereign AI infrastructureCOP31 climate summit opens in Antalya as leaders urged to turn pledges into actionDebutant Tayyab Arif smashes Pakistan's fastest Test-debut fifty as hosts reach 214-3 at tea against Sri LankaBrent crude suffers steepest weekly fall since 2020 as Middle East price war and Iran-talk hopes flood the marketRamayana crosses Rs500 crore worldwide in four days as it becomes the world's second-biggest film of the weekendPoliceman killed and three abducted as terrorists attack Hangu police post in Khyber PakhtunkhwaNVIDIA, Rebellions and SK Telecom join forces to build South Korea's sovereign AI infrastructure
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Monday, November 9, 2026New York, USA

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An oil pumpjack working in the Permian Basin (file photo)Business & Finance

Brent crude suffers steepest weekly fall since 2020 as Middle East price war and Iran-talk hopes flood the market

Brent crude fell more than 16 per cent last week, its steepest weekly drop since April 2020, as Saudi Arabia slashed prices, Hormuz exports recovered and hopes of a US-Iran deal stripped the war premium from oil, with Brent trading near $98 on Monday.

Business & Finance · 9 Nov 2026, 2:55 pmAn oil refineryBusiness & Finance

OPEC+ formally keeps December oil targets steady at about 31 million barrels a day, leaving the hard 2027 call for 29 November

OPEC+ confirmed on Sunday that its seven core producers will hold December output targets at September levels — Saudi Arabia at 10.478 million barrels a day and Russia at 9.949 million — as war disruption keeps most members pumping below target and Brent crude trades above $117 a barrel.

Business & Finance · 1 Nov 2026, 7:23 pm