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QNB Projects Global Inflation at 4.4% Amid Energy Shock

Doha: Qatar National Bank (QNB) projects global headline inflation to rise to 4.4% amid an energy shock triggered by escalating military tensions in the Middle East, marking a sharp reversal from the pre-conflict trajectory. This shock is likely to dr…

US Stocks Close Mixed on Friday with S&P 500 and Nasdaq Up

New york: The main indices on Wall Street closed mixed at the end of today’s trading session, amid a continued rise for the sixth consecutive week for the Standard and Poor’s 500 and Nasdaq indices.

According to Qatar News Agency, the Standard an…

Oil Prices Decline at Settlement Amid Strait of Hormuz Closure

Doha: Oil prices fell sharply today, but are still on track for weekly gains as the Strait of Hormuz remains closed. Brent crude futures for July delivery fell $2.23, or 2.02 percent, to settle at $108.17 a barrel. West Texas Intermediate crude future…