August 3, 2026

Oil Drops Nearly 5% as Trump Announces Fresh Talks with Iran

Doha: Oil prices plunged nearly 5% in early Asian trade on Monday after US President Donald Trump said fresh negotiations with Iran would seek to end the conflict in the Middle East and reopen the Strait of Hormuz. Brent crude futures fell 4.69% to $8…

Dollar Holds Firm as Yen Reaches Three-Month Peak

Doha: The dollar remained stable on Monday, while the Japanese yen rose to a three-month peak as investors considered the possibility of further intervention by Tokyo following last week’s joint action with Washington to support the currency.

Accord…