Muscat: The US dollar climbed to a two-month high in early Asian trading today, as mounting risks surrounding the US government shutdown stoked investor anxiety and lifted demand for safe-haven assets. The dollar index, which tracks the greenback agai…
Business
Oil Gains on Easing Supply Fears after OPEC+ Decision
Muscat: Oil prices rose nearly 1% today as investors shrugged off concerns about oversupply after digesting a decision earlier by OPEC+ to limit production increases next month. Brent crude futures gained 63 cents, or 0.96%, to $66.08 per barrel, whil…
Gold Tops $4,000 for First Time in History
Muscat: Gold surged past the $4,000 mark per ounce for the first time in history today, as investors sought safe-haven assets amid intensifying economic and geopolitical uncertainties and growing expectations of further interest rate cuts by the US Fe…