The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
Ministry of Industry and Trade Strengthens Partnership with Private Sector to Enhance Market Stability
[07/09/2025 03:08]
ADEN-SABA
The Ministry of Industry and Trade held a pivotal meeting in Aden, chaired by Deputy Minister Salem Al-Wali, to discuss market conditions, inventory management, and consumer protection.
The meeting brought together deputy ministers, the Attorney General's Office, heads of chambers of commerce, and prominent traders.
The ministry emphasized the importance of collaboration with the private sector to stabilize markets and protect consumers. Al-Wali stressed the ministry's commitment to dealing firmly with price manipulation cases to deter violators and protect citizens.
The ministry will continue field campaigns to regulate prices and protect consumers, with a focus on transparency and publishing price lists in coordination with the private sector.