Economy
The US dollar is set for its first monthly gain since October, supported by renewed geopolitical risks and a more assertive stance from the Federal Reserve. The dollar index rose near 97.65 late Friday, up between 0.6 and 1.4 percent against major global currencies, reflecting investors’ sharp......
Silver prices climbed sharply on Friday, surpassing $90 per troy ounce as growing trade uncertainty in the United States and escalating Middle East tensions ignited a wave of safe-haven buying. The rally also reflected tightening physical supplies, amplifying the white metal’s role as both a hedge......
Gold hovered near recent highs on Friday and remained on track for a seventh consecutive monthly increase, supported by persistent safe-haven interest, renewed U.S. tariff uncertainty and ongoing geopolitical tension in the Middle East. Spot prices have advanced more than 6% so far in February, extending......
Russia and Iran are steepening discounts on their crude exports to secure a shrinking pool of Chinese buyers after Indian refiners sharply reduced purchases of Russian oil. Moscow’s flagship Urals blend is now selling to China at about 12 dollars per barrel below the ICE Brent benchmark, compared......
Freight costs for transporting crude oil from the Middle East surged to their highest level in six years as exporters accelerated shipments while tensions escalate between the United States and Iran. The cost of chartering a very large crude carrier capable of carrying two million barrels from the Persian......
Oil prices retreated as traders weighed signs of progress in United States–Iran nuclear diplomacy against a fresh layer of uncertainty from President Donald Trump’s new across‑the‑board import tariffs. Brent crude futures slipped to around 71 dollars a barrel and US West Texas Intermediate......
The euro fell toward its lowest level in nearly a month as investors rushed into the dollar on mounting concerns over a potential US military strike against Iran, sending oil prices to fresh six-month highs and reviving demand for traditional safe-haven assets. The common currency traded around 1.1765......
The euro weakened toward a four-week low against the dollar on Friday, as investors responded to a more hawkish tone from the Federal Reserve and rising geopolitical tensions involving Iran. The euro was last trading just below 1.18 dollars and was heading for a weekly loss of around 0.8 percent, putting......
European gas prices have surged as rising tensions between the United States and Iran revive fears of supply interruptions through the Strait of Hormuz, a key route for liquefied natural gas shipments from the Gulf. The Dutch TTF benchmark, Europe’s main gas price reference, climbed back above......
Iran’s currency has tumbled to historic lows as capital flight accelerates and oil revenues decline under renewed US sanctions, deepening strains on an economy already grappling with high inflation and social pressure over potential bread price increases. The Iranian rial weakened to around 16.3......
European equities edged lower on Thursday after reaching record highs a day earlier, as investors weighed a sharp rise in oil prices against escalating tensions between the United States and Iran over Tehran’s nuclear program. The pan European Stoxx Europe 600 index fell 0.1 percent in early trading,......
Afghanistan and Uzbekistan have signed 25 commercial agreements worth more than $300 million at a trade connectivity conference aimed at strengthening bilateral commerce and investment between Kabul and Tashkent. According to Afghanistan’s Ministry of Commerce and Industry, the agreements span......
Global equity markets advanced on Monday as investors looked past weekend geopolitical headlines and turned their focus to high stakes nuclear negotiations between the United States and Iran scheduled for Tuesday in Geneva, along with a busy week of corporate earnings led by major retail and agricultural......
