Gold prices dropped in early Asian trading after Donald Trump ordered a naval blockade of the Strait of Hormuz, triggering a surge in oil prices and strengthening the US dollar. The decline followed Trump’s announcement that the US Navy would immediately block vessels entering or leaving the strategic......
The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......
Global commodity markets reacted sharply after the United States announced a blockade targeting Iranian ports, triggering a surge in oil prices and a decline in gold. Crude oil benchmarks rose significantly, with prices climbing above the symbolic $100-per-barrel threshold. The increase reflects growing......
U.S. President Donald Trump has warned that China could face heavy trade penalties if it provides military assistance to Iran amid the ongoing regional conflict. Speaking in a televised interview, Trump stated that Washington could impose tariffs of up to 50% on Chinese goods if Beijing were found to......
Lebanese Finance Minister Yassine Jaber has travelled to Washington to take part in the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which will be held from April 13 to 18. He is leading a Lebanese delegation that also includes the Minister of Economy Amer......
Domestic equity markets posted strong gains this week, rising nearly 6% and breaking a six-week losing streak, as easing geopolitical tensions between the United States and Iran boosted investor confidence and reduced global volatility. The BSE Sensex closed Friday 1.2% higher, gaining 919 points to......
Rising fuel prices across the United States are forcing drivers in major cities such as Boston, Houston, and Denver to change their daily habits, as the ongoing conflict involving Iran continues to disrupt global energy markets. Motorists report cutting back on long-distance travel, adjusting commuting......
JPMorgan adopted a tactical bullish stance on U.S. equities this week after a two-week ceasefire agreement between the United States and Iran, forecasting a potential 6 percent rally in the S&P 500 as market sentiment improves. The outlook followed a strong market rebound on April 8. The Dow Jones......
Morgan Stanley has challenged a long-held belief in global markets that gold reliably protects portfolios during crises, arguing that recent price movements resemble those of a risk asset rather than a traditional safe haven. In a note released this week, the bank’s strategists pointed to stronger......
JPMorgan Chase said the recent selloff in gold mining stocks presents a buying opportunity, arguing that the sector’s decline since the start of the US Iran conflict has created attractive entry points for investors. The bank maintained its gold price target of $6,300 per ounce by the end of 2026,......
Oil prices rose slightly on Friday but remained on track for their sharpest weekly decline since June 2025, with both West Texas Intermediate and Brent crude down करीब 10% over the week, as tensions in the Middle East continued to disrupt confidence in global supply routes. The decline follows......
Porsche AG reported a 15% drop in global deliveries in the first quarter, with volumes falling to 60,991 vehicles from 71,470 a year earlier, as the German carmaker faced weaker demand in China and mounting pressure from new US import tariffs. The results, released on April 10, confirm a continued decline......
Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support......
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