Markets
Gold Jumps 6% Weekly as Fed Hike Bets Cool, Mideast Hopes Rise
Gold surged above $4,300 an ounce, marking its strongest weekly performance since January, driven by easing Federal Reserve hike expectations and hopes...
#middle east 19 articles
Markets
Gold Holds Ground as Mideast Talks Influence Fed Rate Path
Gold prices held steady as traders monitored Middle East talks for signs of progress that could ease inflationary pressures and temper the...
Markets
Middle East Tensions Propel Oil Prices to Sharpest Monthly Gain Since March
Global oil markets are bracing for significant monthly gains, driven by escalating geopolitical tensions across the Middle East. Fears of supply disruptions,...
Markets
WTI Crude Plunges 4.37% as U.S.-Iran De-escalation Eases Supply Fears
Crude oil prices saw a significant plunge on Tuesday, with WTI September delivery falling 4.37% to $79.00 per barrel. This decline is...
Markets
Crude Oil Jumps 4.49% as US-Iran Ceasefire Ends
Crude oil prices surged on Wednesday, with WTI climbing 4.49% to $73.60 per barrel, following renewed U.S.-Iran hostilities and President Trump's declaration...
Markets
Oil Futures Face Fourth Weekly Loss as Middle East Tensions Ease
Oil prices held steady on Friday but are on track for their fourth consecutive weekly decline, driven by receding concerns over supply...
Markets
Middle East Tensions Flare, Crude Oil Prices Jump 2.12%
Crude oil prices surged Thursday after a projectile struck a Singapore-flagged cargo ship near Oman, reigniting supply disruption fears in the critical...
World Business
US Sanctions Waivers Boost Iran Oil Exports; Billions in Aid Conditional
Tehran has secured immediate economic relief through US sanctions waivers, allowing a swift rebound in its crucial oil exports. However, billions in...
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...