April 9, 2025

BoE Warns of Impact of US Tariffs on UK Economy

Doha: Deputy Governor of the Bank of England (BoE) Clare Lombardelli said that US President Donald Trump’s global tariffs on US imports will depress economic activity, adding that the impact on inflation will be more difficult to untangle for policyma…

US Oil Stocks Rise, Gasoline Decline Last Week

Doha: The US Energy Information Administration revealed Wednesday that crude oil inventories rose, while gasoline and distillate inventories declined last week.

According to Qatar News Agency, the EIA said in a statement that crude oil inventories …