International Economy
Back to Homepage
Gold rises following Trump's statements about the imminent end of the Iran War
SadaNews - Gold rose after U.S. President Donald Trump indicated that the war with Iran could be nearing an end, leading to a decline in the U.S. dollar and oil prices.
The precious metal increased by 0.9% to surpass $5,180 per ounce, recovering from losses in the previous session.
Trump stated th...
The Crisis in the Strait of Hormuz Hits Global Trade, Not Just Oil
SadaNews - Ships transiting the Strait of Hormuz account for approximately 4.5% of total annual global trade. The war between the United States and Iran has caused a significant decline in transit traffic, reaching extremely low levels, while the Trump administration seeks solutions.
Oil tankers ar...
Growth or Fighting Inflation.. The War on Iran Disrupts Central Bank Calculations
SadaNews - A Reuters report indicated that the Israeli-American war on Iran has led to a radical shift in expectations for central banks globally, as the massive supply shock has forced these banks into a difficult trade-off between supporting growth and combating inflation.
Reuters added that redu...
صندوق النقد يحذر من موجة تضخم عالمية مع قفزة أسعار النفط بسبب الحرب
European Gas Jumps 30% as Supplies Disrupt
SadaNews - Gas prices in Europe rose by nearly 30% on Monday amid the war in the Middle East, which has shaken energy markets and raised fears of prolonged supply disruptions.
The price of the Dutch TTF natural gas contract, which is a benchmark in Europe, increased to 69.50 euros before slipping s...
G7 Discusses Releasing Oil from Emergency Reserves
SadaNews - The G7 finance ministers plan to discuss the possibility of a joint release of oil from emergency reserves, coordinated by the International Energy Agency, during an emergency meeting today, Monday, to address the rise in oil prices following the conflict in the Gulf, according to the "Fi...
The War on Iran Puts Global Energy Security at Risk
SadaNews - Oil prices continued their record increases at the start of the week's trading, exceeding $118 per barrel for the first time since 2022, when the war in Ukraine heightened concerns about energy supplies.
This surge comes at a time when the scope of military confrontation in the Middle Ea...
Gold Prices Continue to Decline Amid Inflation Fears Due to Iran War
SadaNews - The price of gold has sharply decreased, influenced by the rise of the US dollar and inflation risks, as oil prices approached 120 dollars per barrel, amidst the ongoing war in the Middle East entering its second week.
Gold prices dropped by as much as 3% to around 5015 dollars per ounce...
How Does the Iranian Conflict Disrupt Global Trade?
SadaNews - On the evening of March 1, an oil tanker shut off its transponder about 25 kilometers (15 miles) east of the Emirate of Sharjah before disappearing amid heavy signal interference over the Strait of Hormuz, the narrow waterway connecting the Arabian Gulf to the open ocean. After ten hours,...
The Struggle with Iran Ignites a Global Race to Secure Vital Fertilizers
SadaNews - Cheet Edinger had already purchased most of the fertilizers needed for his corn and soybean farm last year, but on Monday morning, as war broke out in the Middle East, he rushed to secure a few last trucks of urea for the vast fields he cultivates near Mitchell, South Dakota.
He said ove...
Clive Crook: Iran War Raises Risks to the U.S. Economy to 'Acute' Level
SadaNews - U.S. President Donald Trump's unprecedented decision to strike Iran and risk igniting a wider conflict in the Middle East raises the level of risk that the U.S. economy faces from "very high" to "acute." This new shock is not happening in isolation but adds additional pressures to a...
With over 360 horsepower: The new Smart car resembles the original small car only in name
SadaNews - Last week, it seemed that the nightmare of the global energy market was turning into reality. The Strait of Hormuz, through which about 20% of the world's oil supplies pass, was effectively closed; giant oil tankers were attacked and abandoned off the coast of Oman; drones targeted on...