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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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Royal Air Maroc is looking for a new airline from the Gulf
November 28th, 2012 - 10:20 GMT

Royal Air Maroc looking for Gulf partner

Iraq has granted Jordan 100,000 barrels of crude oil, after Amman increased the cost of fuel, leading to protests and taxi-shortages
November 28th, 2012 - 08:36 GMT

Iraq grants oil to Jordan

Saudi is warning over the increase in electricity usage
November 28th, 2012 - 07:28 GMT

Saudi warns on electricity use

Turkey is putting strict conditions on a $1 billion loan to Egypt
November 28th, 2012 - 06:52 GMT

Turkey talks tough with Egypt

Contracts have been awarded for desalination plants in Saudi Arabia
November 28th, 2012 - 03:00 GMT

Contracts awarded for water projects in Saudi

Iran has rejected claim that it was to offer free oil to Jordan
November 28th, 2012 - 02:00 GMT

Iran rejects 'free oil' claims

Shops are closing early over fears of violence in Tahrir Square as protesters gear up for a "million man" march
November 27th, 2012 - 12:48 GMT

Egypt: Shops close early for Tahrir protest

Remittances are big business and fuelled by GCC economic growth, according to the World Bank
November 27th, 2012 - 12:36 GMT

World Bank: Remittances fuelled by GCC growth

Russia has been flying banknotes to Syria
November 27th, 2012 - 11:45 GMT

Russia flew 30 tonnes of banknotes to Assad regime, flight logs reveal

Remittances are remain stable in Lebanon despite a difficult year, according to the World Bank
November 27th, 2012 - 10:12 GMT

Lebanon: Remittances to remain stable according to World Bank

Jordan's PM Abdullah Ensour has met with the UKs trade envoy to Jordan
November 27th, 2012 - 09:31 GMT

Jordan tries to sweet talk the UK

A gas tanker is making the first trip across the arctic as ice continues to melt
November 27th, 2012 - 08:37 GMT

World's first arctic tanker crossing

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