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Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Oil supply fears have caused the price of crude oil to dip
January 7th, 2013 - 12:45 GMT

Crude oil price slips up as fears grow over supply

Duabi has been revealed as a key part of UK-based tax evaders smuggling network.
January 7th, 2013 - 12:00 GMT

UK tax evaders use Dubai smuggling route

Yemen has confirmed its oil sales for March 2013
January 7th, 2013 - 11:31 GMT

Yemen confirms oil sales

The Egyptian bourse slipped on Sunday but remained unaffected by a cabinet reshuffle
January 7th, 2013 - 11:22 GMT

Egyptian stocks unaffected by cabinet reshuffle

Demand for gas in Jordan has shot up as col weather is expected to hit the Kingdom
January 7th, 2013 - 09:52 GMT

Temperatures in Jordan drop, demand for gas rises

Egypt and the IMF are to hold talks on Monday over the $4.8 bilion lon
January 7th, 2013 - 09:44 GMT

Egypt and IMF set for talks tomorrow

Egypt's foreign reserves dropped by $21 million in December, the Central Bank of Egypt has said
January 7th, 2013 - 03:00 GMT

Egypt: Foreign reserves drop

A $200 million redevelopment project of Tripoli's seafront has come under fire
January 6th, 2013 - 10:56 GMT

NGO attacks seafront project in Tripoli, Lebanon

Dubai is at the centre of the global gold trade, accounting for 29 per cent of the marker
January 6th, 2013 - 10:23 GMT

Dubai no gold digger: Emirate accounts for 29 per cent of market

Morsi has fired his finance minister in a mini-reshuffle ahead of a new round of IMF talks
January 6th, 2013 - 09:56 GMT

Morsi fires finance minister ahead of IMF talks

Iran is planing a crackdown on social media in the Islamic Republic
January 6th, 2013 - 08:42 GMT

New plans in Iran to control social media access

Jordan is desperately trying to slash it's growing budget deficit
January 6th, 2013 - 08:02 GMT

Jordan increases effort to slash budget deficit

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