Oil slumps 5% as Trump plays down prospect of new US attacks on Iran | The National

Brent to face further downward pressure towards $90-$95 range under sustained de-escalation scenario, analysts say
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Brent to face further downward pressure towards $90-$95 range under sustained de-escalation scenario, analysts say
Business
Saudi Energy (SE) reported an 11.5 percent year-on-year increase in revenue to SR87.2 billion during the first nine months of 2026, while net profit rose 4.3 percent to SR12.1 billion, according to the company's latest financial results.
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Active commercial registrations in Saudi Arabia's manufacturing sector grew by 18 percent, while mining and quarrying registrations increased by 13 percent by the end of the third quarter of 2026, according to the Ministry of Commerce.
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