Muscat: The official price of Omani oil for June delivery reached USD 69.95 per barrel on Wednesday. It increased by USD 1.14 compared to Tuesday’s price, which stood at USD 68.81.
According to Qatar News Agency, the monthly average price of Omani c…
Washington: The US dollar experienced a significant rise against major currencies after US President Donald Trump decided to withdraw his threats to dismiss Federal Reserve Chairperson Jerome Powell. Powell had been under intense scrutiny for his deci…
Doha: European stock indices closed higher at the end of trading Wednesday, supported by strong earnings results from Europe’s largest software company, SAP, while easing trade tensions between the United States and China boosted investor confidence g…
Washington: The International Monetary Fund (IMF) has warned that the economic pressures resulting from the new tariffs imposed by the United States will cause global public debt to rise to levels exceeding those recorded during the COVID-19 pandemic,…