Market

EU Agrees to Phase Out Russian Gas Imports by End of 2027

Luxembourg: The European Union will phase out all Russian gas imports by the end of 2027, as the majority of the bloc’s energy ministers agreed on Monday. Energy ministers meeting in Luxembourg approved a plan by the European Commission to phase out b…

Gold Edges Higher After Sharp Weekly Decline

Doha: Gold prices edged higher on Monday, recovering part of last week’s steep losses after easing US-China trade tensions spurred investors to shift toward riskier assets. Spot gold rose 0.4% to $4,263.59 per ounce, rebounding after a 1.8% drop on Fr…