Oil prices surge, gold retreats as dollar strengthens

Oil prices surged at the start of Asian trading on Monday, with gains exceeding 2%. Brent crude futures rose by $2.16, or 2.05%, to reach $107.49 a barrel—the highest...

Lasting legacy

Oil prices dip, stocks rise on lingering Iran peace hopes

Oil prices fell on Tuesday while stocks rose on lingering hopes for a deal to end the US-Iran war and reopen the Strait of Hormuz, even as Tehran said...

Oil gains, stocks sink as Mideast ceasefire hangs in the balance

Oil prices jumped and stock futures fell on Monday as rising tensions in the Middle East kept shipping in and ‌out of the Gulf to a minimum, though traders...

Hormuz belongs to the world and it must be returned to the world, says Jaber

Sultan Al Jaber, Minister of Industry and Advanced Technology and Managing Director & Group CEO of ADNOC, said on the “X” platform, “50 days since the closure of the...

Malaysia's 1Q GDP to grow by 5.3%

Malaysia’s economy is projected to grow by 5.3% in the first quarter of 2026 (1Q 2026) based on advance estimates, reflecting an economy that remains fundamentally resilient, despite rising...

Oil plunges, stocks jumps as Iran declares Hormuz open

Oil prices plunged more than 10 per cent on Friday after Iran said the Strait of Hormuz would be 'completely open' for the rest of the ceasefire with the...

IMF slashes 2026 global growth forecast on Middle East conflict

The IMF cut its 2026 global growth projection on Tuesday, warning that the world economy could be “thrown off course” by war in the Middle East − as the...

Oil surges, global stocks plunge as Trump threatens to block Hormuz

Oil prices surged back above $100 a barrel and stocks fell on Monday as investors awaited a looming US deadline on a blockade of the Strait of Hormuz, ratcheting...

Oil prices soar above $100 a barrel ahead of US blockade on Iran

 Oil prices climbed above $100 a barrel on Monday as the US Navy prepared to block ships to and ​from Iran via the ⁠Strait of Hormuz, a move that...