GLOBAL ECONOMY

Global oil prices climbed by about three per cent on Monday, with Brent crude rising above $90 per barrel for the first time in more than a month, as intensifying...

Global oil prices climbed sharply on Wednesday after renewed tensions between the United States and Iran reignited concerns over crude supplies from the Gulf, with fears growing that disruptions to...

Global oil prices remained largely stable on Friday as investors weighed ongoing diplomatic efforts between the United States and Iran, with cautious optimism over easing tensions helping to calm fears...

China's decision to remove tariffs on imports from 53 African countries is expected to deepen trade ties with the continent while accelerating the adoption of the Chinese yuan in cross-border...

The U.S. dollar traded close to a 10-day low against major global currencies on Monday as investor sentiment improved following a preliminary peace agreement between the United States and Iran,...

Global oil prices fell further on Friday, extending losses from the previous session after U.S. President Donald Trump called off planned military strikes against Iran, easing fears of a wider...

Global oil prices pared earlier gains on Monday after Iran announced the conclusion of what it described as the first wave of missile attacks against Israel since the ceasefire reached...

Iran has moved to consolidate its control over the strategic Strait of Hormuz through a growing network of island checkpoints, maritime clearances and diplomatic pressure, as global powers scramble to...

Oil prices climbed sharply on Wednesday, settling at their highest levels in weeks as concerns deepened over prolonged supply disruptions linked to the US–Iran standoff. Brent crude rose by more...

The United Arab Emirates (UAE) has announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), delivering a significant blow to the global oil producers’ alliance at a...