International Economy
Back to Homepage
Oil Jumps 5% as Attacks on Energy Facilities Escalate
SadaNews - Oil prices rose following attacks on some of the most important energy facilities in the Middle East, raising fears of a more severe impact from the ongoing conflict, which has lasted for nearly three weeks.
Brent crude climbed by as much as 5.1%, nearing $113 per barrel, while the most...
Gold Recovers Despite Inflation Fears from Energy Shock
SadaNews - Gold partially recovered after a nearly 4% drop on Wednesday, amid a buying spree at lower prices, which helped the metal withstand rising oil prices and inflation risks arising from the war in the Middle East.
The precious metal rose by up to 0.7%, recovering some of the losses it incur...
Federal Reserve Keeps Interest Rate Steady
SadaNews Economy - The Federal Reserve has decided to keep interest rates unchanged within a range of 3.50% - 3.75%, attempting to absorb the geopolitical shocks arising from the military fronts igniting in the Middle East. However, the most crucial issue at this juncture is not the decision it...
$373.6 Million in Total Remittances Received by Jordan in January
SadaNews - Preliminary data released by the Central Bank of Jordan indicates an 11.9% increase in the total remittances received by the Kingdom during January 2026, amounting to $373.6 million. Meanwhile, remittances sent from the Kingdom rose by 13.3% to reach $152.8 million.
The data shows that r...
Will Oil Prices Reach $160? Pivotal Market Scenarios
SadaNews - The oil market is no longer treating the Iran war merely as a source of geopolitical tension, but as a fully-fledged supply shock.
As the war enters its third week, with the near-total disruption of the Strait of Hormuz continuing, major banks and research institutions have continued to...
After Kurdistan's Approval.. Iraq Plans to Export One Million Barrels of Oil Through the C...
SadaNews - Iraq plans to pump about one million barrels of oil daily through the pipeline to the Turkish port of Ceyhan via the Kurdish region of Iraq, after the regional government approved the resumption of oil pumping, in a move that supports Baghdad's efforts to export crude amid the Iran war....
Global Stocks Rise as Oil Prices Fall Ahead of Federal Reserve Meeting
SadaNews - Global stocks extended their rise to the third day, with investors overcoming short-term geopolitical tensions and looking for signs of stability, despite the ongoing Iran war disrupting energy markets and raising inflation fears. Oil prices fell.
The MSCI All Country World Index, the...
Gold prices record near $5,011 per ounce... and silver near $80
SadaNews - Gold prices recorded about $5,011 per ounce today, Wednesday, March 18, according to available trading data.
Silver prices also recorded about $80 per ounce during today's sessions.
Gold and silver prices continue to fluctuate amid the political tensions experienced by the world regardi...
Funds Flow into Malaysia as Iran War Shakes Asian Markets
SadaNews Economy - Even before the Iran war ignited a surge in energy prices, Malaysia had emerged among Southeast Asia's economies as a new preferred destination for global investors.
A rare period of political stability, combined with investment flows into high-value manufacturing and data center...
Australia Raises Interest Rates Amid Rising Inflation Pressures Due to Iran War
SadaNews - The Central Bank of Australia on Tuesday raised the main interest rate for the second consecutive meeting as it escalates its battle against stubborn inflation, at a time when high energy costs stemming from the widening war in Iran threaten to intensify price pressures.
The Reserve Bank...
Iraq: We are in contact with Iran to allow oil tankers to pass through the Strait of Hormu...
SadaNews - The Iraqi News Agency reported today, Tuesday, that the Minister of Oil stated that Baghdad is in contact with Iran to allow some oil tankers to pass through the Strait of Hormuz, as part of its efforts to alleviate the impact of the disruption of crude exports following recent attacks on...
Asian Container Shipping Companies Experience Shift in Operations Amid Iran War
SadaNews - The profits of container shipping companies in China and Taiwan reflect how the sector is coping with global disruptions, as the war on Iran undermines hopes for reopening the Red Sea and pushes shipping prices up, providing a welcome relief after a year of declining profits.
Both "Orien...