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Gold heads for worst weekly loss since 2020 amid Fed stance

Gold prices are on course for their steepest weekly decline since March 2020, pressured by the Federal Reserve’s firm interest rate stance and a stronger US dollar, despite a modest rebound on Friday. Spot gold edged higher early in the session to around 4,700 dollars per ounce, recovering from a near two-month low reached the previous......

US intensifies strikes on Iran with no timeline for war end

The United States signaled a prolonged military campaign against Iran as Defense Secretary Pete Hegseth said no timeline has been set for ending the conflict, even as Washington prepares its largest wave of strikes since operations began. Speaking at the Pentagon, Hegseth stated that the duration of the war, now in its third week, will ultimately......

Oil prices surge above $112 as Gulf attacks rattle markets

Asian stock markets fell sharply on Thursday as escalating attacks on energy infrastructure in the Gulf pushed oil prices higher, while the US Federal Reserve and the Bank of Japan held interest rates steady amid rising economic uncertainty. Oil prices jumped after strikes targeting key facilities across the region. Brent crude rose above......

Dollar index rises above 100 as Iran conflict fuels safe haven demand

The US dollar index climbed above the 100 mark on Wednesday, gaining about 5 percent from its late January low, as escalating tensions in the Middle East and a more restrictive Federal Reserve stance drove investors toward the dollar as a safe haven. The move marks a sharp reversal for a currency that had fallen roughly 9 percent earlier......

Eu urged to investigate alleged Israeli intelligence interference in Slovenian election

The European Union is facing mounting pressure to investigate allegations of foreign interference in Slovenia’s upcoming parliamentary elections. Concerns have emerged following claims that a private Israeli intelligence firm may have attempted to influence the country’s political landscape. Slovenian Prime Minister Robert......

Tel Aviv researchers develop laser method for longer lasting battery anodes

Researchers at Tel Aviv University have introduced a laser-based technique to produce silicon-graphene battery anodes that retain more than 98 percent of their capacity after 2,000 charge cycles, a result that could improve the durability of lithium-ion batteries used in electric vehicles and consumer electronics. The method, led by Professor......

Bank of Japan holds rates as oil shock raises inflation risks

The Bank of Japan kept its interest rates unchanged on Thursday, warning that rising oil prices linked to the Middle East conflict could push up underlying inflation and complicate policy decisions. The central bank maintained its short-term policy rate at 0.75 percent following a two-day meeting, in line with market expectations. The decision......

Global energy crisis from Iran war drives shift to renewables

The conflict involving the United States, Israel and Iran has disrupted global energy markets, prompting governments to accelerate efforts to reduce reliance on fossil fuels. After Tehran effectively shut the Strait of Hormuz, around 20 percent of global oil and liquefied natural gas supply has been blocked, triggering what policymakers describe......

Spain reaffirms strong support for Ukraine amid Middle East tensions

Spanish Prime Minister Pedro Sanchez assured on Wednesday that ongoing tensions in the Middle East would not reduce his country’s commitment to Ukraine as it continues to face Russian aggression. During a joint press conference with Ukrainian President Volodymyr Zelenskiy, both leaders highlighted new cooperation agreements in defense......

Fund managers raise cash at fastest pace since COVID amid Iran war

Global investor confidence has fallen to its lowest level in six months as the war involving Iran and growing stress in private credit markets push fund managers toward their most defensive positioning since the early stages of the COVID-19 pandemic. Bank of America’s March global fund manager survey, covering 210 institutional investors......

Goldman says fuel prices hit harder than crude in oil shock

Goldman Sachs warned that the ongoing conflict involving the United States, Israel and Iran is driving sharper increases in refined fuel prices than in crude oil, even as Brent remains above 100 dollars per barrel amid one of the largest supply disruptions on record. The bank’s commodities team, led by Daan Struyven, raised its short-term......

Alleged Israeli spy firm visit fuels tensions ahead of Slovenian elections

Slovenia’s prime minister has raised concerns about possible foreign interference in the upcoming national elections following reports that officials from the Israeli private intelligence firm Black Cube allegedly visited the country in December and met with the main opposition leader. Journalists and activists from the 8 March Institute......

UAE briefly closes airspace as Iran Israel strikes escalate across region

The United Arab Emirates briefly shut its airspace on Tuesday as missile and drone exchanges between Iran and Israel intensified, with explosions reported in several Gulf cities and new strikes launched across multiple fronts. Residents in Dubai and Doha reported hearing blasts as air defense systems intercepted incoming projectiles. UAE......

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