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Trump Cancels ‘Punitive’ Tariffs on India After Its Pledge to Stop Buying Russian Oil
SadaNews Economy - U.S. President Donald Trump made a decision late Friday to Saturday to cancel an additional 25% tariff that was previously imposed on Indian goods due to New Delhi's continued purchase of Russian oil, coinciding with the commencement of a trade agreement reached between the two si...
The European Union Announces the Twentieth Package of Sanctions on Russia
SadaNews - The European Union announced the twentieth package of sanctions on Russia, which includes the energy, financial services, and trade sectors, along with a complete ban on marine services for Russian oil.
Ban on Marine Services for Transporting Russian Oil
The sanctions proposal, released...
Tech Giants Inject $650 Billion in AI Race
SadaNews - Four of the largest American technology companies expect their combined capital expenditures to reach around $650 billion by 2026, in a massive spending wave dedicated to building new data centers and providing the long list of devices needed to operate them, including artificial intellig...
Gold and Silver Continue to Decline Amid Strength of the Dollar
SadaNews Economy - Gold and silver continued their losses today, Friday, erasing most of the gains they had made during a brief recovery earlier this week due to the global decline in technology company stocks and the rise in the value of the dollar.
Gold fell 0.7% in spot trading to $4840.99 per o...
"European Central Bank" Keeps Interest Rates Unchanged for the Fifth Consecutive Time
SadaNews Economy: The European Central Bank kept interest rates unchanged today, Thursday, for the fifth consecutive time as expected, ignoring the drop in inflation while continuing to warn of geopolitical instability.
The bank left the deposit interest rate at 2%, a level it has maintained since...
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%...