Oil rose to a fresh four-month high after US President Donald Trump threatened another attack on Iran, urging Tehran to negotiate a nuclear deal. “Hopefully Iran will quickly ‘Come to the Table’ and negotiate a fair and equitable deal,” Trump said in a post on his Truth Social network, adding that “the next attack will …
Crude oil prices rose 1.5% on Thursday, as investors assessed the latest developments on the geopolitical front that might disrupt the oil supply. Yesterday, United States President Donald Trump issued another threat to Iran, claiming that the next possible strike on Tehran would be “far worse” in comparison to the June attack, raising concerns about …
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Prices of the most valuable precious metals continued their rally on Thursday, breaking records and nearing the $6,000 mark. The yellow metal’s rise follows the decline in the US dollar, which has lost 13.1% against the euro over the last 12 months, reaching levels not seen in almost four and a half years. Gold jumped …
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United States crude oil stockpiles, excluding those in the Strategic Petroleum Reserve (SPR) declined by 2.3 million barrels in the week ending January 23, the Energy Information Administration (EIA) revealed in its report on Wednesday. At the same time, crude oil refinery inputs averaged 16.2 million barrels per day (bpd) during the reported period. Refineries …
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The warning signs are everywhere. None existent uncertainty metals being repriced all at once. Its armature hour as social media is pushing fear on small investors especially baby boomers. This compares structurally to 1979–80 rally and wipe out
As U.S. armada edges closer to Iran’s doorstep, strange booms near a military site southeast of Tehran have set social media on fire. Officials insist there was no explosion at the Pakdasht facility, just “routine tests” and “standard activity,” but many online are already whispering about covert strikes and psychological warfare. At the same time, …
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After years of exuberant demand for Cognac, the industry is nursing a hangover, with shipments last year falling to 141 million bottles, the lowest level since 2009, according to BNIC, a trade group of producers. And consumption will drop about 2% annually through 2029, data tracker IWSR predicts. “We didn’t see this violent crisis coming,” …
USS Abraham Lincoln enters Middle East amid US-Iran tensions Trump claims US ‘armada’ heading toward region, hopes to avoid use UAE opposes use of its territory for hostile actions against Iran WASHINGTON, – A U.S. aircraft carrier and supporting warships have arrived in the Middle East, two U.S. officials told Reuters on Monday, expanding President …
Silver continued gaining ground on Monday, hitting a fresh record high of $110 per ounce. The recent surge in safe investments was partly motivated by geopolitical turmoil and worries about the state of the United States economy, as well as uncertainty surrounding the course of the Federal Reserve’s monetary policy and the central bank’s independence. …
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The UK Ministry of Defence confirmed on 22 January that 12 Squadron, the joint RAF–Qatar Typhoon unit, had deployed to the Gulf in a defensive capacity under the UK–Qatar Defence Assurance Agreement. According to the MoD, the deployment reflects “regional tensions” and builds on longstanding cooperation between the two countries, including shared flying training on …
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