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Oil Rises Again After U.S. 'Defensive' Strikes in Southern Iran
SadaNews - Oil prices rose once again after new U.S. military strikes in Iran overshadowed prospects for reaching a temporary agreement between Tehran and Washington to reopen the Strait of Hormuz, as talks are expected to continue for several more days.
Brent crude, the global benchmark, climbed a...
Fluctuations in Gold and Silver Prices After US Strikes Targeting Iranian Sites Near Hormu...
SadaNews - Gold declined after US strikes in the Strait of Hormuz limited optimism about advances in talks to open the vital waterway, keeping inflation risks high.
The precious metal fell by as much as 0.7% to around $4,526 per ounce, after rising the previous day, amid fears that the strikes woul...
Global Stocks Approach Record Highs as Oil Drops
SadaNews - Global stocks hovered near record levels, while oil declined after officials indicated that the United States was nearing an agreement with Iran to reopen the Strait of Hormuz and resume oil flows. The dollar also weakened.
The "MSCI" index for all countries, the broadest measure of glob...
Oil and Natural Gas Tankers Depart Hormuz Strait for Pakistan and China
SadaNews - Shipping data shows that two liquefied natural gas tankers are leaving the Hormuz Strait heading to Pakistan and China today, Monday, while a giant tanker loaded with Iraqi crude oil departed the Gulf heading to China on Saturday after being stuck there for nearly 3 months.
This comes fo...
Brent Drops Below $100 Amid Optimism for US-Iran Agreement
SadaNews - Oil prices have declined as the United States and Iran are nearing an agreement, despite President Donald Trump stating that the US blockade on the Strait of Hormuz will continue until the agreement is finalized.
Brent crude, the global benchmark, fell by up to 6.2% to $94 per barrel, wh...
Fluctuations in Gold and Silver Prices as Inflation Fears Ease Due to Hopes of a Washingto...
SadaNews - Gold rose as inflation fears eased due to indications that the United States and Iran are nearing a deal that would reopen the Strait of Hormuz.
The precious metal increased by about 1.6% to $4,563 per ounce, erasing a moderate loss recorded last week.
Negotiations regarding the exact w...
Discover the Industry That Has Become a Bigger Dollar Source for Egypt Amid the Hormuz Cri...
SadaNews - The global energy crisis and the repercussions of disrupted shipping in the Strait of Hormuz provide an opportunity for fertilizer producers in Egypt to achieve significant gains from the rise in urea prices, potentially enhancing the country's foreign currency reserves at a time when Cai...
Palestinian Statistics: Trade Deficit of Recorded Goods Decreased by 4% in March 2026
SadaNews - Goods Exports
Exports increased in March 2026 by 33% compared to March 2025, reaching a value of 1.817 million USD.
Exports to Israel in March 2026 rose by 36% compared to March 2025, accounting for 94% of the total export value for March 2026. Meanwhile, exports to the rest of the worl...
Continuous Fluctuations in Gold and Silver Prices Amid Geopolitical Tensions
SadaNews - The escalating geopolitical tensions in the Arab world continue to dictate the rhythm of global financial markets, amid a broad reassessment by investors of hedging options and safe havens.
In the latest trading on global markets, the price of an ounce of gold was recorded at around $4,5...
27 Countries Seek Emergency Financing from the World Bank Due to Iran War
SadaNews - Reuters reported that, according to an internal document it has seen, 27 countries have begun activating crisis mechanisms to quickly access financing from current programs at the World Bank since the outbreak of the war in Iran, in light of widespread economic repercussions that included...
Global Stock Liquidity Drops by $6 Billion Under Pressure from Bond Yields
SadaNews Economy - Global equity funds recorded their first weekly outflow in 9 weeks during the week ending May 20, amid growing caution among investors regarding inflation prospects and long-term borrowing costs reaching their highest levels in nearly two decades.
According to "LSEG Lipper" data,...
German Economy Records 0.3% Growth in the First Quarter
SadaNews - The German Federal Statistical Office announced yesterday evening, Friday, that the economy grew by 0.3 percent in the first quarter of 2026 compared to the previous quarter, confirming its preliminary reading.
Ruth Brand, the head of the statistical office, stated that exports saw a not...