CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Peninsula
LIVE UPDATES: Qatar extends condolences to UAE over death of two Armed Forces' members

Doha, Qatar: Oil prices spiked to nearly $120 per barrel before falling back slightly on Monday as Iran continued its attacks on several Arab countries, threatening production and shipping in the Middle East and pummelling financial markets.