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Oil Prices Steady as Investors Assess Hormuz Shipping Security

Muscat: Oil prices held steady in early trade today as investors assessed the outlook for the US-Iran war and the security of shipping through the Strait of Hormuz. Brent crude futures for October delivery rose 25 cents, or 0.3%, to $91.87 a barrel, w…

Gold Retreats 0.6% After Scaling Over 2-Month Peak

Muscat: Gold fell today, as investors took profits after prices surged to their highest level in more than two months following a surprise US Treasury liquidity-support announcement for long-duration bonds that weakened the dollar and pushed Treasury …

Japanese Stocks Rise on US Bond Market Stabilization Measures

Muscat: Japan’s Nikkei index rose today, supported by US measures aimed at stabilizing the bond market, which helped restore investor confidence and supported demand for higher-risk assets.

According to Oman News Agency, the Nikkei 225 index rose 1…