GLOBAL ECONOMY

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...

Recent meetings of the International Monetary Fund and the World Bank have revealed growing concerns about the world’s ability to respond effectively to economic shocks, as shifting geopolitical dynamics complicate...

Gold prices fell in global markets as renewed tensions around the Strait of Hormuz strengthened the U.S. dollar and reduced expectations of interest rate cuts by the Federal Reserve. The...

The U.S. dollar weakened sharply on Wednesday after a surprise ceasefire agreement between the United States and Iran eased geopolitical tensions and revived investor appetite for risk. The greenback fell...

As tensions between the United States and Iran continue to unsettle global markets, attention is increasingly shifting beyond oil prices to a more profound and potentially devastating consequence: a looming...

Oil prices surged sharply and global markets tumbled on Thursday after former US President Donald Trump warned in a televised address that Iran would be hit “extremely hard” in the...

Global oil prices rose again on Tuesday as the ongoing Gulf conflict continued to disrupt supply routes and Iran denied claims that it was in talks with the United States...