Business

Oil Tumbles as US-Iran Hostilities Halt

Oil prices retreated by more than a dollar per barrel today following a halt in hostilities between the united states and iran: Brent crude futures fell USD 1.47, or 1.66 percent, to settle at USD 86.89-its lowest level since 20 July-while West Texas …

Business

Gold Slides as Dollar Firms Ahead of Fed Decision

Muscat: Spot gold prices declined today as the dollar gained ground, while markets awaited the Federal Reserve’s upcoming monetary policy decision for signals on the trajectory of interest rates. Spot gold fell 0.7 percent to USD 4,044.81 per ounce, r…