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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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Sukuk Islamic bonds must reach the market quicker, experts have warned
December 12th, 2012 - 07:21 GMT

Speedy sukuk required

Could Jaguar be heading for the Saudi desert?
December 12th, 2012 - 06:50 GMT

Jaguar in the desert?

Middle East Airlines has denied that a missile was fired at one of its aircraft over Syrian airspace
December 12th, 2012 - 04:00 GMT

Lebanon: Middle East Airlines denies Syrian missile attack claim

Jordan has cancelled a crackdown on illegal workers
December 12th, 2012 - 03:00 GMT

Jordan cancels crackdown on illegal workers, did Morsi have a hand?

Countries like Iran say that OPEC should bring down production as demand has come down in Western nations
December 11th, 2012 - 08:49 GMT

Watching this space: Crude oil parties await the OPEC meeting

Yet more pressure for Morsi as the $4.8 billion IMF loan is put on hold
December 11th, 2012 - 05:35 GMT

Egypt's IMF deal delayed over political turmoil

Iran holds the world's third-largest proven oil reserves and the second-largest natural gas reserves
December 11th, 2012 - 01:43 GMT

Iranian Oil Ministry to set up refinery near Caspian Sea

Lebanese banking affiliates’ profits in Syria plunge by more than 69 percent
December 11th, 2012 - 10:34 GMT

Lebanese banks feel the burn of war-torn Syria

Police received nine complaints from customers who had been robbed in that manner over a period of two months
December 11th, 2012 - 08:53 GMT

Hold-up Emirate-style! Police rope in an Abu Dhabi-based ring of bank-robbers

Since World Trade Organisation establishment in 1995, this would be the first time that Jordan is competing for this prominent position
December 11th, 2012 - 07:46 GMT

Jordan goes for broke! First time runner for top position at World Trade Organization

Ministers agreed not to separate the issue of the salary scale in principle and the means to fund it
December 11th, 2012 - 07:02 GMT

Deep divides still stand in the path of Lebanon's salary scale

China and other countries in Asia, including South Korea continue to buy Iran’s oil
December 10th, 2012 - 04:23 GMT

No hands on deck: Iran's shipping safety at risk

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