Iran Closes Hormuz Again as Lebanon Tensions Strain US-Iran Deal
Iran's IRGC declared Hormuz closed Saturday, citing Israeli strikes in Lebanon and US compliance failures, as negotiators flew to Switzerland.
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Iraq Moves to Restore Oil Output Above 3 Million Bpd After US-Iran Deal Reopens Hormuz
Iraq ordered major oil fields to return to prewar production levels above 3 million bpd after the US-Iran deal to reopen the Strait of Hormuz.
Dubai Launches GCC's First Same-Day Physical Gold Contract in Strategic Bullion Push
Dubai Gold and Commodities Exchange launches the GCC's first same-day physical gold contract, strengthening Dubai's position in global bullion trade.
UK Government Borrowing Surges Above Forecasts as Middle East Conflict Drives Up Costs
Britain's government borrowing rose above forecasts in May as higher energy costs and debt interest payments widened fiscal pressures.
AI Is Creating an Economy of Abundance - Are Governments Becoming the Next Stakeholders?
AI is transforming work and creating unprecedented productivity. The next debate may be whether governments become partners in the AI economy.
Oman Crude Slides to $72.20, Extending 57% Retreat from Hormuz Crisis Peak
Official Oman crude for August delivery settled at $72.20 a barrel on Friday, down $1.00 from Thursday's $73.20, extending a correction
Russia Cuts Rates Less Than Expected Despite Cooling Inflation
Russia cut interest rates by less than expected as a stronger ruble slowed inflation, while policymakers warned that price risks remain elevated.
UAE Stocks Retreat Despite AED 3.52 Billion Turnover as Investors Take Profits
German Inflation Hits Three-Year High as DAX Rallies and ECB Rate Bets Build
Dollar Near One-Year High as Hawkish Fed Fuels Rate Hike Bets
Kuwait Offers Crude Cargoes After Lifting Force Majeure and Resuming Exports
UAE Moves to Ban Social Media Accounts for Children Under 15
Revolut to Launch in UAE After Securing Central Bank Licenses
UK Retail Sales Jump 1.2% in Surprise Boost to Economy
Multinationals Shield Ireland From Iran Shock, Central Bank Says
Fed Holds Rates Steady as Officials Split Over Potential Hikes and Raise Inflation Forecasts
UK and Japan Deepen Economic Partnership With More Than $24 Billion in Energy and Technology Investments
Masdar Expands European Footprint with AED 3.62 Billion Renewable Energy Deal in Spain
Brazil and India Move to Shield Fuel Markets as Energy Shock Pressures Persist
Brent Falls Below $78 as Markets Price in Return of Iranian Oil and Strait of Hormuz Reopening
Oil Slides More Than 4% as Prospects of a US-Iran Deal Trigger Sharp Repricing Across Global Markets
Gold Loses Nearly 27% From Record High Despite War, Inflation and Energy Shock
Binance on the Brink of EU Market Exit Ahead of July 1 MiCA Deadline
Bitcoin Climbs Above $64,500 as Middle East Peace Hopes Improve and SpaceX Reveals $1.29 Billion BTC Reserve
Bitcoin Inflows Slow as Investors Shift Capital Toward AI Opportunities, Bernstein Says
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