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MIDDLE EAST PEACE BREAKTHROUGH
Why US markets are rising: S&P 500, Dow hit record highs as Mideast hopes offset SpaceX, AMD dragMajor Wall Street indexes opened higher on Wednesday morning. Hopes for Middle East peace offset declines in SpaceX and AMD shares. These c...
Global Market: European shares climb as earnings, US-Iran diplomacy lift sentimentEuropean stocks advanced on Wednesday, driven by U.S.-Iran diplomatic talks. Mining companies led the rally as geopolitical concerns eased ...
Indian refiners buy Middle East and West African crude, sources sayIndian refiners have stepped up crude oil purchases, with Mangalore Refinery and Petrochemicals buying 1 million barrels of Oman crude thro...
Iran, Oman near Hormuz reopening deal as talks advanceIran and Oman are making progress on a deal to reopen the Strait of Hormuz. This potential agreement involves shared control and service fe...
Global Market: European shares edge higher as earnings offset Middle East concerns; Lufthansa, Zalando slideEuropean shares saw modest gains as investors reviewed corporate earnings reports. Energy stocks edged higher while oil prices rebounded fr...
Board of Peace envoy meets with Netanyahu on Gaza disarmament deal, urges halt to strikesA peace official met with Israeli Prime Minister Benjamin Netanyahu to discuss a new disarmament deal. The agreement aims for complete weap...
Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
Gold steady with Middle East turmoil, US jobs data in focusGold prices remained stable as investors watched for U.S.-Iran talks. Conflicting reports emerged regarding potential negotiations between ...
Trump-backed board says Israeli withdrawal from Gaza only after 'complete' Hamas disarmamentThe US Board of Peace stated an Israeli withdrawal from Gaza requires Hamas's complete disarmament. This condition follows a meeting betwee...
Israel conveys 'concerns' to US on Gaza plan and keeps strikingIsrael conveyed concerns to the United States regarding a Gaza war end plan. The Israeli government maintained strikes in the Palestinian t...
Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slideAccording to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against I...
Trump's closest Gulf allies are frustrated with his Iran war strategy: ReportGulf nations are frustrated by the lack of a clear US strategy against Iran, fearing further strikes on their energy facilities. While the ...
Global Market Today: Asian shares mixed, oil slumps on hopes of Iran dealOil prices dropped significantly as peace talks with Iran appeared imminent. Stock markets showed mixed reactions, with US futures rising a...
16 Indians, including 10 seafarers, killed in Middle East conflict: GovtSixteen Indian nationals, including ten seafarers, have died in the Middle East conflict this year. Seventy-five Indians sustained injuries...
Donald Trump says Board of Peace reached deal on 'complete disarmament' of HamasMediators and Hamas leaders have reached a historic agreement for Hamas disarmament in Gaza. This agreement is a critical step towards a ne...
Can China restrain Iran? Gulf states test Beijing's influenceGulf Arab states are seeking China's economic influence over Iran to secure vital shipping lanes. They are frustrated with Washington's per...
Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...
Lamborghini profit slips as tariffs, Middle East conflict weighLamborghini's operating profit declined over eight percent in the first half. This reflects sector-wide fragility spurred by tariffs and Mi...
Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...