The Spectator

Tag : Strait of Hormuz

Business

Brent oil touches $110 for first time since May

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– Brent crude touched $110 a barrel on Friday for the first time since May as escalating Middle East tensions raised fears of tighter supplies. Brent futures for December delivery settled $3.94, or 3.7%, higher...
Business

Brent crude steadies after 2% drop amid Iran sanctions

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Oil prices moved higher on Tuesday after both major crude benchmarks posted losses of more than 2% a day earlier. Brent crude rose 27 cents to $92.44 a barrel by 0330 GMT. U.S. West Texas...
News

Trump halts planned Iran attack as deal talks advance

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WASHINGTON, D.C. / RankWire.AI / - President Donald Trump said the United States would cancel a planned attack on Iran if negotiators completed an agreement quickly. Trump said the deal must reopen the Strait of...
Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

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Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S....
Business

Gold falls below $4,000 after oil prices jump

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Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level...
Business

Brent crude rises to $74.16 as oil prices climb

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Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89....
News

UAE President and Sisi discuss ties and region in Cairo

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UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi in Cairo during a fraternal visit focused on UAE-Egypt relations and regional developments. The talks covered cooperation across several sectors, with...
News

Trump and Xi end Beijing summit with cautious progress

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President Donald Trump concluded talks with Chinese President Xi Jinping in Beijing after the White House said the leaders had a “good meeting” that covered economic cooperation, the Strait of Hormuz and Iran’s nuclear issue....
News

UAE and France hold talks on regional stability

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ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the UAE deputy prime minister and minister of foreign affairs, held talks in Abu Dhabi on Thursday with French Minister for Europe and Foreign Affairs Jean-Noël Barrot, with the...