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Oil Prices Jump Over 5% Following US Sanctions on Russia

Hanoi: Oil prices surged more than 5% on Thursday, reaching their highest level in two weeks after the United States imposed sanctions on major Russian oil companies, Rosneft and Lukoil, over Moscow’s ongoing war in Ukraine. The move prompted energy f…

US Stocks Close Higher Amid Broad Gains

Major us stock indices ended higher on thursday: The Standard and Poor’s 500 Index rose 38.77 points, or 0.58%, to close at 6,738.17.

According to Qatar News Agency, the Nasdaq Composite Index advanced 197.95 points, or 0.87%, to 22,938.34. Meanwhil…

Dollar Edges Up Ahead of US Inflation Data

Tokyo: The dollar drifted higher against its major peers on Thursday as traders waited for the delayed release of US consumer inflation data on Friday, while digesting trade threats between Washington and Beijing. The yen weakened to a one-week low ag…