Brent Crude Tumbles Under $86; Lowest Price in Over Three Months
Oil markets took a sharp hit on Friday as Brent crude slid below $86 per barrel a level not seen since early March raising fresh concerns over global energy prices.…
Oil markets took a sharp hit on Friday as Brent crude slid below $86 per barrel a level not seen since early March raising fresh concerns over global energy prices.…
India’s rapid rise as one of the world’s leading economies under Prime Minister Narendra Modi has drawn praise from Moscow as Russia’s presidential spokesman highlighted the strong partnership between the…
The United Arab Emirates has quit OPEC and OPEC+ after nearly six decades a stunning exit that strips the cartel of its second-most powerful member and puts global oil markets…
Mine-clearing operations in the strategic Strait of Hormuz through which a fifth of global oil flows could drag on for months, even as the Trump administration scrambles to ease rising…
G20 nations fully approved South Africa’s summit declaration on Saturday. This happened even though US President Donald Trump boycotted the event, causing tension with Washington regarding the drafting process. Consensus…
Russia’s weekly oil earnings have dropped to a three-year low as major Asian buyers pull back amidst strict new US sanctions and falling prices. Revenue Hits a Record Low Russia’s…
China’s government has decided to scrap a Value-Added Tax (VAT) on gold. This move will likely increase gold prices, making purchases more expensive for consumers. The new rule became effective…
China also strongly objected to the US’s new sanctions. Beijing called these ‘unilateral steps lacking any international legal basis.’ Russia has strongly responded after the United States imposed new sanctions…
After Donald Trump announced a 100% extra tariff on Chinese goods, the crypto market plunged sharply. Bitcoin and Ethereum prices tumbled as global investors faced heavy losses. Trump’s 100% Tariff…
Chinese President Xi Jinping stated at the BRICS meeting that U.S.-imposed tariffs have harmed the global economy and weakened trade rules, urging BRICS nations to stand united. He emphasized strengthening…