Brussels: The European Commission (EC) has called on EU member states to rely on renewable and nuclear energy sources to address the energy crisis resulting from the military escalation in the Middle East. EC President Ursula von der Leyen stated Mond…
Saudi arabia: Saudi Arabia’s main stock index closed higher on Monday, gaining 112.13 points to reach 11,426.77, with total trading value amounting to SAR 6.7 billion. A total of 285 million shares were traded, with 129 companies recording gains, whil…
Tokyo: Japan’s benchmark Nikkei index closed lower on Monday, retreating from recent gains as heightened geopolitical tensions weighed on investor sentiment following the collapse of US-Iran talks over the weekend.
According to Qatar News Agency, th…
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…