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......
India and the United States are accelerating efforts to finalize the first phase of a bilateral trade agreement, with both countries aiming to conclude negotiations by mid-July, according to India's Commerce Minister Piyush Goyal. Speaking on Friday, Goyal said officials from both sides have intensified......
Global oil markets are facing severe disruption as major institutions warn of an accelerating supply shock linked to geopolitical conflict and restricted maritime flows. The International Energy Agency has cautioned that crude markets could enter a critical shortage phase within weeks if key transport......
Bitcoin dropped to its weakest level since February on Wednesday as heavy selling from long-term holders and sustained outflows from spot exchange-traded funds extended a sharp market downturn. The cryptocurrency touched 61,300 dollars before stabilising near 63,000 dollars later in the session. The......
Global airline executives are gathering in Rio de Janeiro for a major industry meeting as the sector faces mounting pressure from a sharp rise in jet fuel costs linked to the war in Iran. The International Air Transport Association is expected to significantly cut its previous 2026 profit forecast of......
The United States is considering the imposition of additional tariffs on several countries, including Morocco, over allegations related to insufficient measures against forced labor in global supply chains. According to a report by the Office of the United States Trade Representative (USTR), Morocco......
David Hoffman, cofounder of Bankless, sold all of his ether holdings in mid May after years of public support for Ethereum. The move marked a clear break from one of the most visible long term advocates of the asset. He confirmed the decision through public statements and later interviews, drawing attention......
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......
The recent decline in cryptocurrency markets has been driven primarily by weakening institutional demand rather than isolated corporate transactions, according to market analysis attributed to Citigroup. The bank’s assessment points to sustained outflows from Bitcoin exchange-traded funds as the......
Bitcoin slipped below the 66,000 dollar level this week, reigniting concerns among market observers over the strength of its current support zone. The cryptocurrency traded around 66,280 dollars on Wednesday morning after briefly touching an intraday low near 65,708 dollars. The move placed renewed focus......
Ray Dalio has warned that the rapid rise in artificial intelligence investments shows clear characteristics of a financial bubble. The founder of Bridgewater Associates drew parallels with the dot-com crash of 2000, arguing that current market conditions reflect the same patterns of excessive optimism......
Bitcoin dropped to its lowest level in four months on Tuesday as selling pressure intensified across global crypto markets. The asset fell as much as 7 percent, briefly touching 65,707 dollars, marking its weakest point since early April. The decline unfolded during Asian and European trading sessions......
Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable......
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