Oil price at two-year high after Qatar warns all Gulf production could stop within days
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
Energy Minister Saad al-Kaabi says oil could hit $150 a barrel if the Iran conflict continues over the coming weeks.
A drone attack on Azerbaijan has narrowed choices for airlines scrambling to respond to disruption in the Gulf.
The contraction came as a surprise with payrolls down in nearly every sector.