Doha: Gold prices fell more than 1% on Tuesday, extending their slide to a tenth straight session, pressured by a firm US dollar and fading hopes for near-term Federal Reserve interest rate cuts. Spot gold fell 1.4% to $4,345.48 per ounce, while US go…
New york: The dollar nursed steep losses against major currencies on Tuesday in a wild start to the week after US President Donald delayed the bombing of Iran’s power grid, a move that allayed fear of a prolonged war in the Middle East.
According to…
Doha: Oil prices rose in early trading Tuesday on supply concerns. Brent futures rose $1.06, or 1.1%, to $101 a barrel, while US West Texas Intermediate (WTI) climbed $1.50, or 1.8%, to $89.71.
According to Qatar News Agency, the military escalation…
Seoul: The South Korean government is considering imposing restrictions on naphtha exports as the country is facing supply shortages of the material, widely used across petrochemical and other industries, due to persisting geopolitical tensions in the…