Tag Archives: Israel

Oil prices rose by more than 4% to about $75 a barrel on Tuesday. So far, oil prices rose by more than 4% as escalation has intensified between Israel and Iran.Amid this geopolitical scene, the risk of a jump in oil prices that could trigger another global inflation shock appeared …

The Dow Jones Industrial Average suffered a significant decline on Tuesday, primarily driven by escalating geopolitical tensions in the Middle East and disappointing US economic data.Israel’s recent military strikes on Lebanese targets have ignited fears of a wider regional conflict, with Iran vowing retaliation. This heightened uncertainty has rattled global …

US Air Force General C.Q. Brown, chairman of the Joint Chiefs of Staff, recently stated that the risk of a broader Middle East conflict has somewhat diminished after Israel and Lebanon’s Hezbollah engaged in an exchange of fire without further escalation. However, General Brown also warned that Iran still poses …

Gold futures continue to rise since the beginning of daily trading on Thursday, driven by increased demand for the precious metal by central banks worldwide. No tangible developments have taken place regarding the current situation in the Middle East since Iran launched attacks on Israel with missiles and drones, and …

Improved global risk sentiment and a decline in US Treasury yields have caused gold prices to retreat from daily highs, further pressuring the US dollar. The precious metal is down 0.93%, at $2360.60 per ounce.Although US Federal Reserve officials have been hawkish, there has been a bullish momentum. The US …

Gold prices stabilized on Wednesday after rising to record levels last week, as safe-haven demand fueled by geopolitical risks in the Middle East partly offset the impact of pressure from a stronger dollar and US Treasury yields. Gold settled in spot trading at $2,381.68 per ounce by 0337 GMT, after …

Although oil prices have declined then afterwards managed to recover on Monday, geopolitical tensions might cause them to surge again, which would have repercussions in this year of significant elections. Traders are waiting for Israel to react to Iran’s recent direct attack, therefore they are on high alert. After falling …

Gold price retreats from the daily highs near $2,371 as investors do not see Middle East tensions escalating further. US bond yields soar as the Fed seems to initiate the rate cut cycle from September. The US Dollar has gathered some strength on the strong US Retail Sales data, while …

WTI crude recovered above $86 earlier on Friday after fluctuating around that mark all week. Even though the EIA predicts a poor forecast for oil demand, oil prices have increased by almost 1%. The US Dollar Index rose 0.72% to 106.015, marking a new five-month high. WTI finished at $94.975 …

Oil prices rebounded on Friday, buoyed by escalating tensions in the Middle East, which raised concerns about potential supply disruptions from the oil-producing region. However, despite the uptick, prices are on track for a weekly loss amid expectations of fewer interest rate cuts in the United States this year. As …