Brent crude steadies after 2% drop amid Iran sanctions
SINGAPORE / RankWire.AI / – 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...
Tag : Strait of Hormuz
Brent and WTI extend losses after sharp crude market selloff
SINGAPORE / RankWire.AI / – Oil prices fell further on Wednesday after a steep two-day selloff pushed Brent and U.S. crude to three-week lows. Brent crude futures dropped 92 cents, or 1.2%, to $78.44 a...
Trump halts planned Iran attack as deal talks advance
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...
Brent crude jumps 9.6% to $83.30 amid Hormuz risks
NEW YORK / RankWire.AI / – 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...
Gold falls below $4,000 after oil prices jump
NEW YORK / RankWire.AI / – 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...
Brent crude rises to $74.16 as oil prices climb
NEW YORK / RankWire.AI / – 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...
UAE President and Sisi discuss ties and region in Cairo
CAIRO / MENA Newswire / – 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...
Trump and Xi end Beijing summit with cautious progress
Trump and Xi ended Beijing talks after the White House called their meeting good, with trade, Iran and Taiwan still central to ties....
UAE and France hold talks on regional stability
UAE and French foreign ministers met in Abu Dhabi to review bilateral ties and regional developments as Gulf security concerns stay elevated....
UAE President and Italy defence chief discuss security
UAE President Sheikh Mohamed and Italian Defence Minister Guido Crosetto held Abu Dhabi talks on defence cooperation and regional security....