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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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Protests against Iraq's Prime Minister  Nuri Al Maliki have closed trade route to Jordan and Syria
December 27th, 2012 - 12:13 GMT

Anti-Maliki protest close trade routes

New figures show that Palestine's budget deficit stands at over $600 million
December 27th, 2012 - 11:58 GMT

Palestine: Budget deficit over $600 million

Public sector workers in Egypt will be paid on time, the Finance Minister has said
December 27th, 2012 - 11:50 GMT

Egypt: Public sector workers getting paid shows resilience of economy, claims minister

Iran has reportedly banned flights from operating during the call to prayer
December 27th, 2012 - 11:31 GMT

No flying high during call to prayer in Iran

Oil prices are ont he rise, reaching a ten week high over US Fiscal Cliff fears
December 27th, 2012 - 08:14 GMT

Oil prices reach ten week high

Stocks sliding in Egypt in a tumultuous week of bad economic news
December 27th, 2012 - 07:46 GMT

Stocks in Egypt slide as downgrade action scares investors

Bahrain to sell oil at $90 a barrel, lower than predictions of $100 from OPEC
December 27th, 2012 - 07:18 GMT

Bahrain's to undercut oil suppliers in 2013 with $90 a barrel

Jordan's economic plans have been praised by the IMF despite government actions causing widespread protests
December 27th, 2012 - 07:05 GMT

Jordan lauded by IMF

Al Bawaba
December 27th, 2012 - 05:00 GMT

Adding insult to injury: S&P downgrade Egyptian banks

Stock markets across the region suffered a bad day yesterday
December 26th, 2012 - 02:02 GMT

Tough day for MENA stock markets

Money supply in the UAE is up, with further liquidity expected in 2013
December 26th, 2012 - 01:14 GMT

UAE money supply increasing

Iran is planning a military exercise for the Strait of Hormuz
December 26th, 2012 - 12:26 GMT

Iran playing war games in Strait of Hormuz

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