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Oil prices jumped by about $5 per barrel today, Monday, amid the failure of the United States and Iran to reach an agreement on a peace proposal drafted by Washington, while the Strait of Hormuz remai...
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The Secretary-General of the Iranian Shipping Association, Masoud Balmi, announced that all ports of Arab countries in the Gulf have stopped working. Masoud Balmi pointed today, Monday, to the statist...
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Saudi Aramco expects today, Monday, a strong return in oil demand when navigation and shipping return to normal in the Strait of Hormuz, according to statements by Amin Nasser, President and CEO of Sa...
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Bitcoin dropped amid renewed market volatility to a two-week low.The decline followed a major options expiration event.Data shows strong positioning around the $60,000 level.Put options outpaced call...
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Iraq’s oil exports reached around 99.8 million barrels in February.These exports generated over $6.8 billion in revenue.Southern and central fields accounted for the largest share.Kurdistan Region exp...
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Iraq’s Oil Ministry reported oil revenues exceeding $6.8 billion in February.Total exports reached around 99.87 million barrels of crude and condensates.Most exports came from central and southern oil...
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Brussels has granted the first exemption from countervailing duties for an electric vehicle (EV) manufactured in China. This comes after the European Commission accepted a request from Volkswagen (Anh...
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Budgets from nine Arab countries reveal that government subsidies remain a fundamental pillar of economic and social policy in the region. These subsidies serve as a direct tool to protect poor and vu...
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Gold and silver prices climbed on Wednesday as U.S. Treasury yields retreated following data showing a slowdown in retail sales growth for last December. This cooling consumer activity is seen as a si...
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Amidst the peak euphoria surrounding Artificial Intelligence, markets are flashing warning signals that many believe echo the Dot-com bubble of a quarter-century ago. According to The Economist, the p...
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