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....
Tag : Strait of Hormuz
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...
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....
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...
UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also cited the need to restore trust and support a lasting settlement. Arnault serves as the Personal...
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....
ABU DHABI: UAE President Sheikh Mohamed bin Zayed Al Nahyan received Italian Defence Minister Guido Crosetto in Abu Dhabi on April 22, with the two sides focusing on defence and security cooperation as well as the impact of...
ABU DHABI: Sheikh Abdullah bin Zayed Al Nahyan, the United Arab Emirates’ deputy prime minister and minister of foreign affairs, met UK Foreign Secretary Yvette Cooper in Abu Dhabi on April 18 for talks on the...
MANAMA: Bahrain and the United Kingdom said after meetings in Manama that they had reviewed regional and international developments, with both sides emphasizing the security and economic fallout from the current crisis and the need to support...
ABU DHABI: United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan received British Prime Minister Keir Starmer in Abu Dhabi on Thursday for talks focused on Middle East developments, regional security and the broader UAE-UK relationship. The...