Today, Israel launched airstrikes on Iranian military and nuclear facilities, after which Tehran responded with missile attacks. Amid the escalation, the price of WTI oil rose from $69 to $73 per barrel. Analysts consider the increase temporary. The average gasoline price in the U.S. reached $3.13 per gallon.
Today, Israel launched airstrikes on Iranian military and nuclear facilities, after which Tehran responded with missile attacks. Amid the escalation, the price of WTI oil rose from $69 to $73 per barrel. Analysts consider the increase temporary. The average gasoline price in the U.S. reached $3.13 per gallon.
On Tuesday, gold prices continued to climb as the dollar weakened and uncertainty over U.S. tariffs increased interest in the metal as a safe-haven asset.
On Tuesday, gold prices continued to climb as the dollar weakened and uncertainty over U.S. tariffs increased interest in the metal as a safe-haven asset.
Starting April 12, a full ban on importing meat and dairy products from the EU to the UK comes into force. The measure aims to protect against foot-and-mouth disease.
Starting April 12, a full ban on importing meat and dairy products from the EU to the UK comes into force. The measure aims to protect against foot-and-mouth disease.
After Trump’s cryptic posts on Truth Social, the S&P 500 index surged — all thanks to an unexpected 90-day suspension of tariffs, excluding those targeting China.
After Trump’s cryptic posts on Truth Social, the S&P 500 index surged — all thanks to an unexpected 90-day suspension of tariffs, excluding those targeting China.
Oil prices plunged amid an unprecedented price cut by Saudi Arabia and an unexpected increase in production by OPEC+, intensifying fears of a global recession.
Oil prices plunged amid an unprecedented price cut by Saudi Arabia and an unexpected increase in production by OPEC+, intensifying fears of a global recession.
Gold is gaining value amid escalating trade conflicts following the U.S. implementation of new auto tariffs, increasing investor concerns about inflation and recession.
Gold is gaining value amid escalating trade conflicts following the U.S. implementation of new auto tariffs, increasing investor concerns about inflation and recession.
Turkey's financial markets were shaken following the arrest of Istanbul’s opposition mayor. Authorities intervened urgently to prevent a collapse of the lira and the stock market.
Turkey's financial markets were shaken following the arrest of Istanbul’s opposition mayor. Authorities intervened urgently to prevent a collapse of the lira and the stock market.
Paris is urging the European Union to apply its anti-coercion mechanism against the United States for the first time if Donald Trump enacts new unfair tariffs starting April 2.
Paris is urging the European Union to apply its anti-coercion mechanism against the United States for the first time if Donald Trump enacts new unfair tariffs starting April 2.
Swiss bank UBS has revised its gold forecast, expecting prices to rise to $3.2K per ounce. Analysts attribute this to the increasing demand for safe-haven assets.
Swiss bank UBS has revised its gold forecast, expecting prices to rise to $3.2K per ounce. Analysts attribute this to the increasing demand for safe-haven assets.
The EU and Canada have responded strongly to the US's 25% tariffs on steel and aluminum, imposing countermeasures worth $29.8 billion and €26 billion, respectively.
The EU and Canada have responded strongly to the US's 25% tariffs on steel and aluminum, imposing countermeasures worth $29.8 billion and €26 billion, respectively.
Canadian Prime Minister Justin Trudeau stated that Ottawa would immediately introduce retaliatory tariffs on U.S. goods if Washington's new tariffs come into effect.
Canadian Prime Minister Justin Trudeau stated that Ottawa would immediately introduce retaliatory tariffs on U.S. goods if Washington's new tariffs come into effect.
The Federal Reserve System of the United States has revised its economic growth forecast for 2024 and lowered the key interest rate, indicating a more cautious approach to future economic policy.
The Federal Reserve System of the United States has revised its economic growth forecast for 2024 and lowered the key interest rate, indicating a more cautious approach to future economic policy.
