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Keywords: Oil prices
US President Donald Trump has renewed his defence of the American military campaign against Iran, arguing that Washington had no alternative but to intervene. Speaking at an election rally in Mississippi on Monday, October 26, he pointed to Tehran’s nuclear ambitions and advancing missile capabilities......
Former US President Barack Obama has renewed his criticism of President Donald Trump’s approach to Iran, arguing that the military conflict has come at a significant cost to the United States and questioning whether the strategy has delivered the results promised by the administration. Speaking......
International Monetary Fund (IMF) Managing Director Kristalina Georgieva has warned that recent attacks targeting Saudi Arabia could have far-reaching economic consequences, as rising energy costs and regional instability threaten to affect markets and consumers worldwide. Speaking to journalists on......
US President Donald Trump has accused Yemen’s Houthi movement of seeking to push global oil prices higher ahead of the November 3 midterm elections, linking the group’s renewed attacks on Saudi Arabia to broader regional tensions and domestic economic pressures. In a statement published......
RABAT, Morocco — Moroccan consumers could see some relief in olive oil prices this season as expectations of a stronger harvest raise hopes of improved domestic supplies. Industry professionals anticipate a decline compared with the previous campaign, with the price of a litre potentially ranging......
Goldman Sachs has upgraded its recommendation on global equities from “neutral” to “overweight” for the next three months, citing an improving outlook for corporate earnings despite stock markets trading near record levels. In a note published on Monday, the bank’s strategists......
Global oil prices climbed on Monday as escalating attacks in Saudi Arabia heightened concerns about the security of critical energy infrastructure across the Middle East, adding fresh uncertainty to markets already exposed to geopolitical tensions and disruptions along key shipping routes. Brent crude......
The International Monetary Fund has warned that the economic benefits of the artificial intelligence boom are concentrated in a small number of countries, even as AI-related investment helps offset some of the pressure caused by rising oil and gas prices. The United States and China account for more......
The US dollar remained close to its highest level in 18 months on Monday, supported by investor caution and demand for safe-haven assets amid geopolitical uncertainty. Although the dollar index edged down slightly to 102.16 points, it stayed near the peak recorded the previous week. The dollar index......