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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…

Muscat Stock Exchange 30 Index Sees Notable Increase

Muscat: The Muscat Stock Exchange 30 index experienced an uptick, closing Monday at 7,349.07 points. This marks an increase of 53.6 points, or 0.73 percent, compared to the previous trading session, which concluded at 7,295.45 points.

According to Q…

Gold Rises 0.7% as Oil Prices Decline

Doha: Gold prices rose on Monday as oil prices fell, with investors assessing the latest developments in global markets. Spot gold gained 0.7% to $4,067.06 per ounce, while US gold futures rose 0.9% to $4,065.60 per ounce.

According to Qatar News Ag…