economy
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Gold hits $5,304 amid regional war fears
Gold prices reached $5,304 an ounce as investors sought safe havens following escalating US and Israeli airstrikes and fears of…
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Oil prices rise for the third time... Brent crude surpasses $80
Oil prices rose for the third consecutive day today amid growing concerns about supply disruptions in the Middle East due to the escalating US-Turkish conflict…
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Fitch: Gulf sovereign assets protect the economy from tensions
Fitch's report confirms the strength of Gulf states' sovereign assets and their ability to withstand geopolitical tensions and the potential closure of the Strait of Hormuz, given the availability of alternatives…
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Yellen warns: Iran war will raise inflation and delay interest rate cuts
Janet Yellen warns of the repercussions of a war with Iran on oil prices and inflation, stressing that closing the Strait of Hormuz would complicate the Federal Reserve's task…
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European diesel futures surge 23% due to tensions in the Strait of Hormuz
European diesel futures jumped 23% to a two-year high, driven by the disruption to shipping in the Strait of Hormuz. Learn about the impact on…
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Qatar Energy suspends gas production and declares force majeure: Prices skyrocket
Qatar Energy announced the suspension of liquefied natural gas (LNG) production and declared force majeure following military attacks. Expectations are rising in global gas prices, raising concerns about…
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Natural gas prices in Europe rose 47% due to tensions
Natural gas prices in Europe jumped 47.7% amid fears of supply disruptions through the Strait of Hormuz. Learn more about the crisis…
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Vegetable oil and soybean prices rise due to oil price fluctuations
Vegetable oil and soybean prices surged on the Chicago Board of Trade due to rising oil prices and Middle East tensions. An analytical look at market movements and their impact…
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European stocks fall to their lowest level amid Middle East tensions
European stocks hit their lowest level since February, pressured by Middle East tensions, while energy and defense shares jumped. (Continue reading…)
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Chinese stocks hit a 10-year high, boosted by energy and defense sectors
Chinese stocks rose to their highest level since 2015, driven by defense shares and gold amid geopolitical tensions, while the Hang Seng index fell to its lowest level…
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