Tag : Strait of Hormuz

Business

Brent crude jumps 9.6% to $83.30 amid Hormuz risks

omandailynews.com
NEW YORK / RankWire.AI / – Oil prices surged nearly 10% on Monday as renewed U.S.-Iran conflict focused attention on the Strait of Hormuz. Brent crude futures for September delivery gained $7.29, or 9.6%, to settle at $83.30 a barrel. U.S. West Texas Intermediate crude rose $6.73, or 9.4%, to......
Business

Gold falls below $4,000 after oil prices jump

omandailynews.com
NEW YORK / RankWire.AI / – Gold dropped about 3% on Monday, July 13, falling below $4,000 an ounce as oil prices surged and expectations for higher U.S. interest rates strengthened. Spot gold fell to $3,996.76 per ounce, its lowest level in two weeks. U.S. gold futures for August delivery......
Business

Brent crude rises to $74.16 as oil prices climb

omandailynews.com
NEW YORK / RankWire.AI / – Oil prices settled higher Tuesday, with Brent crude futures rising 3.01% to $74.16 a barrel. U.S. West Texas Intermediate crude gained 2.76% to $70.44 a barrel. Brent added $2.17 for the session. WTI rose $1.89. Trading later extended gains after the United States revoked......
News

UAE President and Sisi discuss ties and region in Cairo

omandailynews.com
CAIRO / MENA Newswire / – UAE President Sheikh Mohamed bin Zayed Al Nahyan met Egyptian President Abdel Fattah El-Sisi in Cairo during a fraternal visit focused on UAE-Egypt relations and regional developments. The talks covered cooperation across several sectors, with emphasis on development fields. Both leaders discussed ways to......
News

UN envoy cites regional push to end Middle East conflict

omandailynews.com
NEW YORK / MENA Newswire / — UN envoy Jean Arnault said regional agreement is emerging around a quick end to the Middle East conflict. He also cited the need to restore trust and support a lasting settlement. Arnault serves as the Personal Envoy of the UN Secretary-General for the Middle East......
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Trump and Xi end Beijing summit with cautious progress

omandailynews.com
Trump and Xi ended Beijing talks after the White House called their meeting good, with trade, Iran and Taiwan still central to ties....
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UAE and France hold talks on regional stability

omandailynews.com
UAE and French foreign ministers met in Abu Dhabi to review bilateral ties and regional developments as Gulf security concerns stay elevated....
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UAE President and Italy defence chief discuss security

omandailynews.com
UAE President Sheikh Mohamed and Italian Defence Minister Guido Crosetto held Abu Dhabi talks on defence cooperation and regional security....
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UAE and UK foreign ministers review regional tensions

omandailynews.com
The Abu Dhabi meeting underscored UAE-UK coordination on regional security, shipping access, energy supplies and diplomatic de-escalation....
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UAE president hosts UK PM for regional security talks

omandailynews.com
ABU DHABI: United Arab Emirates President Sheikh Mohamed bin Zayed Al Nahyan received British Prime Minister Keir Starmer in Abu Dhabi on Thursday for talks focused on Middle East developments, regional security and the broader UAE-UK relationship. The meeting brought together two close partners at a time of heightened concern over security in......