Business

Oil Prices Fall Sharply After Full Reopening of Strait of Hormuz

Doha: Global oil prices have dropped by more than 10 percent following the announcement of the full reopening of the Strait of Hormuz, easing concerns over supply disruptions. The price of Brent crude for June delivery fell by 10.42 percent to USD 89….

Gold Prices Decline from Recent High as Dollar Strengthens

Istanbul: Gold prices inched lower on Wednesday after hitting a one-month high earlier in the session, as the dollar regained some ground and prospects of another round of peace talks between the US and Iran lifted risk appetite. Gold: Spot gold was d…