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US Blockade of Iranian Ports Takes Effect

Moscow: The US blockade of Iranian ports took effect Monday evening: The US military announced that the blockade includes Iranian ports on the Gulf of Oman and the Arabian Sea, east of the Strait of Hormuz, noting that it will apply to all ships regar…

Exchange Rates in Qatar Reflect Market Movements

Doha: The latest exchange rates in Qatar have shown varied levels of activity across several currencies, with notable fluctuations observed in the values of both regional and international currencies. These rates offer insights into the current econom…

Oil Prices Surge Above $100 per Barrel

Moscow: Oil prices surged past $100 a barrel as the US navy prepared to blockade the Strait of Hormuz after talks between the United States and Iran ended without an agreement. Brent crude futures rose $7.11, or 7.47 percent, to $102.31 a barrel, afte…