Economy
Oman has halted crude loading operations at its Mina al Fahal export terminal following an explosion near its offshore mooring buoys, disrupting a key node in global oil supply chains. The incident has added new pressure to already strained energy markets, where supply disruptions across the Middle East......
Gold prices rose slightly in Asian trading on Thursday as the US dollar softened, with investors reassessing the outlook for diplomacy between Washington and Tehran. The move followed a period of tight trading, with gold hovering near 4,485 dollars per ounce earlier in the week amid volatile geopolitical......
Global equity markets reached fresh record highs as artificial intelligence driven stocks extended a powerful rally that overshadowed rising geopolitical tensions in the Middle East. Gains in major indices continued even as Iran suspended negotiations with the United States following escalating regional......
European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......
Aluminum prices declined on Friday after Iran announced the reopening of the Strait of Hormuz to commercial traffic, easing supply concerns that had driven the metal to a four year high. The statement followed a 10 day ceasefire linked to tensions between Israel and Lebanon, triggering a broader pullback......
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......
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......
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......
U.S. stock markets posted sharp gains Wednesday, their strongest session in a year, after the United States and Iran agreed to a two-week ceasefire. The truce raised hopes of easing an oil shortage that had stalled the economy. The Dow Jones Industrial Average climbed 1,325 points, or 2.85 percent. The......
The European Bank for Reconstruction and Development cautioned Tuesday that the ongoing Middle East conflict threatens economic growth across its regions. Higher energy costs, supply chain disruptions, and tighter financial conditions pose risks. Forecasts could drop 0.4 percentage points if oil prices......
Fuel prices have risen again across Lebanon, reflecting mounting pressure from global oil market volatility and ongoing regional tensions. The latest price adjustments, released by the Ministry of Energy, show a noticeable increase across all major fuel categories. Gasoline, diesel, and household gas......
Lebanon’s Ministry of Agriculture, in cooperation with the Ministry of Economy, conducted inspections of local markets and storage warehouses on Monday to monitor the quantities, quality, and pricing of fruits and vegetables. The move comes amid ongoing tensions in the region as the conflict between......
Gold and silver recorded their steepest single session declines of 2026 on Tuesday as a surge in the U.S. dollar and rising Treasury yields outweighed safe haven demand driven by the escalating Middle East conflict. Gold fell more than 4 percent during trading, briefly dropping below $5,000 per ounce......
