Oil prices fell sharply on Thursday after the United States and Iran approved a deal aimed at ending hostilities. The agreement is expected to restore shipping through the Strait of Hormuz and ease supply concerns. However, global equity markets remained under pressure as investors reacted to a tougher US interest rate outlook. Crude futures dropped […]
Global stock markets
Oil prices drop on US Iran talks
Global crude oil prices declined following reports of a possible second round of US-Iran talks, as markets reacted to easing geopolitical tensions. The development raised expectations of improved supply stability. The price movement comes amid shifting investor sentiment in global energy markets. Brent crude fell to 98 dollars per barrel, while West Texas Intermediate traded […]
Middle east war wipes $120 billion
The Middle East conflict has erased $120 billion from Dubai and Abu Dhabi stock markets. Rising oil prices are hurting global economies and increasing financial pressure on businesses. Investors, consumers, and regional markets face growing uncertainty due to escalating tensions. According to Arab media reports, UAE stock markets suffered massive losses since the conflict began. […]
Global stocks dip amid Trump-Xi talks and mixed earnings
Global stock markets slipped on Thursday as investors assessed the outcome of a crucial meeting between U.S. President Donald Trump and Chinese President Xi Jinping, alongside mixed corporate earnings and uncertainty over future interest rate decisions. Despite Trump calling the talks in South Korea “amazing,” market reactions remained muted, as traders sought clearer signals about […]