SINGAPORE: Oil was little changed on Tuesday, after rising in the previous session, as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks, though a slightly weaker US dollar offered some support, according to Reuters. Brent crude futures for May climbed by 7 cents to $86.82 a … Read more
CAIRO: The International Monetary Fund said on Sunday that larger declines in oil prices or extended OPEC+ cuts could weigh on Iraq’s fiscal and external accounts. “Iraq needs to increase non-oil exports and government revenue, and reduce the economy’s vulnerability to oil price shocks,” they said in a concluding statement.
World leaders in business, finance and tech gather in Miami for the 2nd FII Priority Summit MIAMI: From conflict and climate change to the rise of disruptive new technologies like artificial intelligence, humanity faces an array of challenges. That is why world leaders in business and finance are meeting in Miami this week to discuss … Read more
Mediator says talks on Gaza not ‘progressing as expected’ after momentum in recent weeks RAFAH, Gaza Strip: Talks on a potential ceasefire deal in Gaza “have not been progressing as expected” in the past few days after good progress in recent weeks, key mediator Qatar said Saturday, as Israel’s prime minister accused the Hamas militant … Read more
WASHINGTON: President Joe Biden has made it clear the US will strike back after a deadly drone attack killed three service members and wounded more than 40 at a small base in Jordan over the weekend. What isn’t yet clear is who will be hit, where, and how hard. Biden has a wide array of … Read more
NEW DELHI: Oil prices struggled to push ahead on Monday as economic headwinds pressured the global oil demand outlook and offset geopolitical concerns in the Middle East and an attack on a Russian fuel export terminal over the weekend, according to Reuters. Brent crude fell 9 cents, or 0.1 percent, to $78.47 a barrel by 6:53 … Read more