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Dollar Gains on Rising Oil Prices, Fading Rate-Cut Expectations

New york: The US dollar strengthened on Tuesday as investor sentiment remained under pressure from the escalating conflict in the Middle East, while rising oil prices and fading expectations of interest rate cuts further supported the greenback.

Acc…

Jordan’s Wheat Reserves Sufficient for 5.5 Months, Minister Says

Jordan: Jordan’s Minister of Industry, Trade and Supply Yarub Qudah announced that the Kingdom’s wheat reserves are adequate to cover consumption for 5.5 months, with an additional four-month supply already contracted and on its way. This statement wa…

Oman Crude Jumps Above $150 per Barrel

Muscat: The official price of Omani crude oil for May delivery rose sharply on Tuesday, gaining $4.58 to reach $152.58 per barrel, compared to $147.79 in the previous session.

According to Qatar News Agency, the average monthly price of Omani crude …