Crude oil prices dropped by more than 5% on Monday after reports that Washington informed Tehran that United States President Donald Trump’s administration is ready to meet with Iranian officials and negotiate a nuclear deal. West Texas Intermediate (WTI) for deliveries in March fell by 5.05% % at 3:20 am ET, going for $61.92 per …
Gold extends losses after biggest drop in over a decade Silver plunges as much as 12% after record slump on Friday Asian stocks set for worst two-day drop since early April Bitcoin declines to fresh 10-month low in Asia Given the crowded docket of heavyweight losers, commodities like platinum and palladium may not get too much …
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The price of gold continued to drop, extending sharp losses from last week, amid a sell-off in the precious metals market. At the same time, there was seemingly no solid underlying cause behind the marked volatility affecting the yellow metal, which took place after it crossed the historic threshold of $5,000 per ounce in January. …
United States President Donald Trump said on Sunday that Iranian Supreme Leader Ayatollah Ali Khamenei’s earlier remarks were unsurprising. “Why wouldn’t he say that? Of course he is going to say that. We have the biggest, most powerful ships in the world over there, very close,” Trump told reporters, referring to Khamenei’s warning about the “regional …
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Iranian Supreme Leader Ayatollah Ali Khamenei warned on Sunday that any military action by the United States against Iran would turn into a “regional” conflict. “We are not initiators of war, and do not want to attack any country – but the Iranian people will strike strongly anyone who attacks it,” Khamenei threatened, according to Iran’s …
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United States Ambassador to Israel Mike Huckabee said that US President Donald Trump “doesn’t make empty threats” and that he will “keep his promise” regarding support for anti-government protesters in Iran. Earlier this year, Trump threatened to strike Iran in response to its violence and human rights abuses against the demonstrators, but later reversed course. …
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Bitcoin slid sharply on Saturday, dipping 6% to under $80,000, as Ethereum lost over 11%. The downturn came amid renewed geopolitical unease, with traders watching escalating tensions between Iran and Western powers. This marks Bitcoin’s weakest level since April last year, when United States President Donald Trump’s sweeping tariffs kicked in, rattling global markets. At 12:58 pm ET, the …
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At least five people died and more than a dozen were injured in two separate blasts across Iran on Saturday, according to reports from state and local media. Israel denied any involvement in the incidents, reports said. Four fatalities followed a gas explosion inside a residential building in Ahvaz, while another incident in Bandar Abbas …
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Saudi Defense Minister Khalid bin Salman warned the United States that Iran will be “emboldened” if the US decides not to strike it, Axios reported. He also allegedly denied that Saudi Arabia is turning against Israel, although one source said that “the more he said it, the less reassuring it sounded.” The report follows talks between …
A US Navy F/A-18E Super Hornet launched from the USS Abraham Lincoln while conducting “routine flight operations” in the Arabian Sea, US Central Command said on Friday. The aircraft belongs to Strike Fighter Squadron 151. The USS Abraham Lincoln is deployed in the region to “support security and stability” across the Middle East, according …