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Oil Prices Decline for the Twelfth Consecutive Day
SadaNews - Oil prices fell for the second consecutive day, influenced by trader concerns regarding the potential for the "OPEC+" alliance to raise production, alongside indications of an economic slowdown in the United States and industrial data showing an increase in inventories at a majo...
Lebanon: Central Bank Prevents Entry of Funds from Entities Subject to International Sanct...
SadaNews - The Central Bank of Lebanon announced on Tuesday the issuance of a circular prohibiting the entry of any funds into the banking sector from Lebanese entities or organizations subject to international sanctions, particularly U.S. sanctions.
The bank stated in a statement: "The issu...
For the First Time Since 2011.. Silver Price Exceeds $40
SadaNews - The price of silver exceeded $40 per ounce for the first time since 2011, fueled by growing expectations of a rate cut by the Federal Reserve this month, which has boosted investor interest in precious metals.
The spot silver price rose by 1.4% to reach $40.2920 per ounce on Monday, in...
New Fuel Price Increase in Israel Starting Monday
SadaNews - The Israeli Ministry of Energy announced today, Sunday, an increase in controlled fuel prices effective from midnight on August 31 to September 1, 2025.
The ministry clarified that the maximum price for self-service gasoline at 95 octane will reach 7.16 shekels (including VAT), an incr...