Doha: The closure of the Strait of Hormuz represents the beginning of a systemic agrifood shock, which could lead to a severe global food price crisis within six months to a year, warned the Food and Agriculture Organization of the United Nations (FAO…
Doha: Gold rose 1 percent today, supported by hopes for a resolution to the Iranian crisis, which pressured oil markets and eased some inflation concerns, helping push US Treasury yields lower from their recent highs. Spot gold gained 1 percent to $4,…
Doha: Gold prices experienced a slight decline on Wednesday, primarily influenced by the rise in Treasury yields and a strengthening dollar, which overshadowed the optimism surrounding a potential peace agreement between the US and Iran.
According t…
Beirut: Oil prices settled lower Oil prices settled lower on Tuesday after comments by Vice President of the United States JD Vance indicating progress in talks related to the war in the Middle East.
According to Qatar News Agency, Brent crude future…