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Oil rises as gold drops
June 15th, 2026 - 06:13 GMT
P. Choiaqo

P. Choiaqo

Gold surges 2% and oil tumbles down 4% as US-Iran war comes to a close

ALBAWABA - After the peace deal between the US and Iran was announced, oil, which had been steadily decreasing, started dropping in earnest in anticipation of the deal between the two warring nations being signed in Geneva, Switzerland, on Friday. This eased concerns regarding inflation and interest rate hikes, allowing gold to surge 2 percent since this morning. After a lot of tumult and turbulence, it seems that the fear-driven ...
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Apple Reportedly to Introduce Always-On Display Feature In iPhone 14 Pro, Pro Max
May 30th, 2022 - 10:32 GMT

Apple Reportedly to Introduce Always-On Display Feature In iPhone 14 Pro, Pro Max

Tata Motors to Acquire Ford India's Sanand Plant
May 30th, 2022 - 10:00 GMT

Tata Motors to Acquire Ford India's Sanand Plant

Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo
May 30th, 2022 - 08:42 GMT

Oil Exceeds $120 as China Eases Restrictions, EU Leaders Meet to Decide on Russian Embargo

Pakistan to Import Wheat from Sanctioned Russia with Cash Payment
May 30th, 2022 - 08:13 GMT

Pakistan to Import Wheat from Sanctioned Russia with Cash Payment

Gold Prices in Dubai Today: 24K Stable at Dh224.50 Per Gram
May 30th, 2022 - 07:06 GMT

Gold Prices in Dubai Today: 24K Stable at Dh224.50 Per Gram

Crypto News Recap: India to Roll Out CBDC
May 30th, 2022 - 04:00 GMT

Crypto News Recap: India to Roll Out CBDC

UAE, Jordan, and Egypt
May 29th, 2022 - 08:00 GMT

UAE, Jordan, and Egypt: Trilateral Agreement to Boost Economy

Crypto Prices Today: Bitcoin Trading at $29K
May 29th, 2022 - 06:56 GMT

Crypto Prices Today: Bitcoin Trading at $29K

Dubai Ranks First Regionally in Attracting FDI Projects in Creative Economy
May 29th, 2022 - 11:44 GMT

Dubai Ranks First Regionally in Attracting FDI Projects in Creative Economy

IndiGo Fined Rs500,000 for Denying Boarding to Child
May 29th, 2022 - 09:30 GMT

IndiGo Fined Rs500,000 for Denying Boarding to Child

Will Bitcoin Rise to the $60K Levels Again? 3 Reasons to Believe So!
May 29th, 2022 - 09:00 GMT

Will Bitcoin Rise to the $60K Levels Again? 3 Reasons to Believe So!

Pakistan to Buy Russian Oil, Food Products If/When Necessary
May 29th, 2022 - 07:55 GMT

Pakistan to Buy Russian Oil, Food Products If/When Necessary

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