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Oil Prices Decline After Tehran Confirms Its Intent to Hold Negotiations with Washington
SadaNews - Oil prices have fallen for the first time in three days after Iran confirmed that it will hold negotiations with the United States, easing the immediate risks of military strikes against the OPEC member oil producer.
Brent crude slid toward $68 a barrel, after rising 4.8% in the previous...
"Human Rights Watch": Israel and Washington Killed Hundreds of Civilians in Yemen in 2025
SadaNews - The international organization "Human Rights Watch" stated that the United States and Israel killed hundreds of civilians in Yemen during the year 2025, discussing "serious violations" of human rights recorded in the country.
The rights organization reported in a statement published on W...
Qatar Strengthens Its Presence in the Asian Gas Market with Long-Term Agreement with Malay...
SadaNews - Qatar has strengthened its presence in the LNG market in Asia by signing a long-term agreement to export gas to Malaysia, amidst growing demand in the Southeast Asian nation.
QatarEnergy announced in a post on the "X" platform that it has signed a 20-year agreement with Malay...
UAE Private Sector Growth Reaches Highest Level in 11 Months Boosted by Sales Momentum
SadaNews - The non-oil private sector in the UAE recorded a strong start at the beginning of this year, achieving the highest growth level in 11 months, supported by an expansion in local sales at the fastest pace in nearly two years, along with a noticeable improvement in the real estate and techno...
Saudi Arabia and Turkey Expand Cooperation in Energy and Explore New Opportunities
SadaNews - During the official visit of Turkish President Recep Tayyip Erdoğan to Saudi Arabia, several agreements were signed, including one to establish power generation stations using renewable energy.
According to the Saudi Press Agency, the agreement signed by Saudi Minister of Energy Prince...
Oil prices continue to rise following escalating tensions between Washington and Tehran an...
SadaNews - Oil prices rose for the second consecutive day as geopolitical tensions resurfaced following the downing of an Iranian drone near a U.S. aircraft carrier in the Arabian Sea.
Brent crude reached around $68 a barrel after rising 1.6% during Tuesday's session, while West Texas Intermediate...
Gold Price Surpasses $5000 an Ounce with Return of Risk Appetite
SadaNews - Gold prices have risen for the second consecutive day, surpassing the $5000 per ounce level, as investors seek to seize opportunities following a historic collapse that brought prices down from their record levels.
The precious metal surged by 2.6% on Monday, following gains exceeding 6%...
Gold and Silver Rebound Strongly After Sharp Sell-Off
SadaNews Economy - Precious metals markets experienced a notable rebound in prices following a strong sell-off that came after the announcement of Kevin Warsh's nomination to chair the U.S. Federal Reserve.
The price of gold increased by $4.908 per ounce, recovering part of its losses after hitting...
Gold Rises After Historic Drop Supported by Chinese Demand
SadaNews - Gold prices have risen, regaining some of their losses after the sudden disintegration of a record bullish wave that pushed prices down by 13% in just two days. Silver prices have also increased.
Gold rose in spot trading by up to 2.9% to approach $4850 per ounce, after having dropped by...
Trump Announces Trade Agreement with India
SadaNews Economic Translation - U.S. President Donald Trump announced a trade agreement with India after it agreed to stop purchasing Russian crude oil and increase its purchases from the United States.
Trump stated, according to SadaNews Economic Translation, that he will reduce the additional tar...
J.P. Morgan Predicts Gold to Reach $6,300 in 2026
SadaNews - J.P. Morgan Bank predicted in a memo issued yesterday, Sunday, that the increasing demand from central banks and investors will drive gold prices to reach $6,300 per ounce by the end of 2026 – despite the decline in prices in global markets today – indicating the continued role of gold as...
Egypt is considering a 30% reduction in customs duties for the automotive and electrical a...
SadaNews - Egypt is considering reducing customs duties on between 60 and 70 types of essential raw materials related to the manufacturing of automobiles and electrical appliances, with reductions ranging from 20% to 30%, in contrast to the plan to impose or increase tariffs on fully manufactured go...