Finance
Bank of England Expected to Freeze Rates; Mideast Deal Calms Oil Markets
The Bank of England's Monetary Policy Committee is widely anticipated to keep interest rates at 3.75%, influenced by easing Mideast tensions and...
#middle east 11 articles
Markets
Oil Prices Drop as Gulf War End Optimism Grows
Crude oil prices fell Friday, extending Thursday's losses, as confidence in the reopening of the Strait of Hormuz increased following a Lebanon-Israel...
Markets
Crude Oil Plunges 3.12% as Mideast Ceasefire, Iran Deal Hopes Emerge
Crude oil prices saw a significant drop on Wednesday, with WTI July delivery falling 3.12%, driven by an Israel-Lebanon ceasefire and optimism...
World Business
US-Iran Deal Progress Stalls as Israel Widens Lebanon Offensive
US and Iran exchange draft changes for a ceasefire and Strait of Hormuz deal, but progress remains uncertain as Israel expands its...
Stocks
Brent Crude Rebounds as US-Iran Tensions Threaten Strait Shipping
Brent crude prices rose Tuesday, recovering from a prior session's selloff. Escalating military exchanges between the U.S. and Iran cast doubt on...
World Business
BRICS Unity Fractures Over Middle East Conflict
BRICS foreign ministers failed to issue a joint statement after a two-day meeting in New Delhi, citing differing views on the Middle...
Markets
Gold Secures Fourth Weekly Gain on Iran Deal Optimism
Gold is set for its fourth consecutive weekly gain, propelled by softening oil prices and increasing optimism surrounding a potential peace agreement...
Stocks
Middle East Oil Recovery to Take Months, CERA Warns
Middle East oil producers will need months to restore output post-war, signaling extended market tightness, according to CERA research from S&P Global...
Stocks
White House Eyes Iran Strikes Post-Negotiation Collapse
President Trump is reportedly weighing military action against Iran, including limited strikes, after negotiations collapsed in Pakistan, The Wall Street Journal reported....