GLOBAL ECONOMY & MARKETS

Global Economy & Markets

Oil jumps 10 percent on Iran crisis and could spike to $100 a barrel, analysts say
Brent crude has surged 10 percent to around $80 a barrel after US and Israeli strikes on Iran, with analysts warning prices could spike towards $100 if disruptions persist.
Oil jumps 10 percent on Iran crisis and could spike to $100 a barrel, analysts say
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By Zeynep Conkar
US, Japan announce first tranche of $550B in investments
Japan will invest $36 billion in US energy and industrial projects as the first step in its $550 billion trade deal with Washington.
US, Japan announce first tranche of $550B in investments
Cuba cuts workweek to four days to battle severe energy crisis amid fuel crisis
Cuba announced emergency energy-saving measures, including a four-day work week and fuel restrictions, blaming US sanctions for worsening shortages.
Cuba cuts workweek to four days to battle severe energy crisis amid fuel crisis
US Fed resists Trump pressure, keeps interest rates unchanged
The Fed has made quarter-point cuts at its last three policy meetings as officials worried about the cooling jobs market.
US Fed resists Trump pressure, keeps interest rates unchanged
Türkiye to enhance Oman's economic transformation with production capacity
OMNEX 2026 names Türkiye guest of honour, citing Turkish infrastructure and technological expertise as key to supporting Oman’s Vision 2040 goals.
Türkiye to enhance Oman's economic transformation with production capacity
Gold soars past $5,000 level for first time amid geopolitical tensions, economic uncertainty
Demand for safe-haven assets boosted market jitters over US foreign policy moves and worldwide risks.
Gold soars past $5,000 level for first time amid geopolitical tensions, economic uncertainty