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Banks Slash Oil Price Forecasts After US-Iran Agreement

Doha: Major global investment banks, including Morgan Stanley and Goldman Sachs cut their forecast for oil prices following the preliminary agreement between the US and Iran to reopen the Strait of Hormuz and end the war, amid expectations that oil fl…

European Stocks Close Higher: Investor Optimism Boosts Gains

Doha: European stocks ended higher on Tuesday, supported by investor optimism over an agreement to end the conflict between the United States and Iran. Most major European markets posted gains, with the pan-European Stoxx Europe 600 Index closing up 0…

Gold Holds Near One-week High, Up 0.2%

Spain: Gold prices held steady on Tuesday after hitting their highest level in over a week during the previous session, as markets remained cautious, awaiting further developments. Spot gold rose 0.2% to $4,315.87 per ounce after gaining 3.6% on Monda…