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Mohamed Abdelhamid

IEA Announces Historic Release of 400 Million Barrels as Middle East Tensions Rattle Oil Markets

The International Energy Agency (IEA) has unveiled the largest coordinated release of strategic oil reserves in history, making 400 million barrels available to the global market. The unprecedented move comes as escalating tensions in the Middle East disrupt energy supplies and push prices higher. Coordinated Action to Stabilize MarketsIEA member …

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Oracle Shares Jump on Strong Cloud Growth and Earnings Beat

Oracle Corporation is making waves on the market after reporting third-quarter fiscal results that exceeded expectations. The company’s cloud business continues to drive growth, boosting both revenue and profit, and giving investors renewed confidence in its long-term trajectory.Cloud Momentum Drives RevenueOracle posted revenue of $17.2 billion, topping forecasts, while earnings …

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Silver Flirts with $90 as Dollar Weakens and Geopolitical Risks Stir Safe-Haven Demand

Silver prices climbed strongly on Tuesday, with the precious metal flirting with the $90 mark as investors moved toward safe-haven assets amid a softer US Dollar and rising geopolitical uncertainty. The white metal traded around $89.5 per ounce, marking a notable daily gain as market conditions turned increasingly supportive for …

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Can the G7 Stabilize Oil Prices? Markets Await a Critical Decision

Oil prices slipped on Tuesday as global energy officials signaled they are prepared to intervene if supply disruptions worsen. The decline followed growing discussions among major economies about releasing emergency reserves to calm markets that have been shaken by rising geopolitical tensions.Despite the drop, the outlook for energy markets remains …

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