New york: Major stock indices on Wall Street closed higher today, as oil prices fell and the Strait of Hormuz was reopened. The Standard and Poor’s 500 index rose by approximately 1.20 percent, to close at 7126.05 points. The Nasdaq Composite Index al…
Istanbul: Executive Director of International Energy Agency (IEA), Fatih Birol, said restoring energy production in the Middle East following the recent military escalation could take around two years. In press remarks on Friday, Birol noted that reco…
Singapore: Gold prices were little changed in early Asian trading on Friday and were on track for a fourth consecutive weekly gain, as easing concerns over inflation and US interest rate hikes supported sentiment, alongside cautious optimism over geop…
Istanbul: Oil prices edged lower in early trading on Friday amid cautious optimism that the United States and Iran may be nearing an agreement, a development that could help ease regional tensions. Brent crude futures fell $1.34, or 1.35%, to $98.05 a…