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The US-Iran truce failed to calm markets.As oil prices rose.Due to doubts about the deal.Brent reached $96.96.WTI hit $97.38.With ongoing restrictions in Strait of Hormuz.
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Data from Statista showed a rise in Iraq’s unemployment rate in 2025.It reached 15.49% compared to 15.28% in 2024.This reflects ongoing labor market pressures.Despite slight improvements.The data also...
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Turkish markets surged after the Middle East ceasefire announcement.The BIST 100 Index rose by 4.3%.Banking stocks jumped 8.8%.Airline shares gained over 6%.The Turkish lira strengthened to 44.54 per...
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Iraqi Ministry of Oil announced importing 200,000 tons of gas to support supply.Ali Maarej said the move aims to strengthen reserves.He noted local production covers basic demand.The imports ensure co...
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CNN reported limited activity in the Strait of Hormuz.More than six hours after the US-Iran ceasefire.Shipping data showed restricted vessel movement.Iranian media mentioned a safe passage protocol.Th...
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The Iraqi Economic Council approved gold imports via Trebil border crossing.The meeting was chaired by Foreign Minister Fuad Hussein.The decision is temporary due to airspace restrictions.Officials al...
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Dollar prices remained steady in Iraqi markets on Tuesday.Selling price reached 155,000 IQD per 100 USD.Buying price stood at 154,000 IQD.This reflects stability in the currency market.With trading un...
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Global oil shipping costs have surged to unprecedented levels due to the Middle East conflict.Disruptions in navigation, especially in Hormuz, affected supply chains.Shipping a supertanker from the U....
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Gold held near $4,640 per ounce as markets awaited decisions by Donald Trump on Iran.Spot gold slipped 0.1%.U.S. futures fell 0.4%.Investors remain cautious.Due to recent statements and regional tensi...
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Gold prices declined on Monday amid pressure from rising oil prices and a stronger dollar.Expectations of U.S. rate cuts also weakened.Spot gold fell 0.9% to $4,631.69 per ounce.Futures dropped 0.5% t...
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