ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too much supply in the market.The O
Bengaluru — Gold held steady on Monday, kept in check by a strong dollar as investors dialled back bets for further Federal Reserve rate cuts in the near term, while easing US-China trade tensions also crimped bullion demand.Spot gold was flat at $4,000.65/oz by 5.0
AMERICAN forces are reportedly preparing to bomb military installations inside Venezuela – and the strikes could come in a “matter of days or even hours”.Donald Trump has already moved US naval and air assets closer to Venezuelan shores – stoking fears of an a
New reporting in the Wall Street Journal and the Miami Herald says the Trump administration “has identified targets in Venezuela that include military facilities used to smuggle drugs,” and that Washington “has made the decision to attack military installations inside Venezuela” — strik
Well now it appears that the shoe is on the other foot as Russia is directly supplying Venezuela with offensive and defensive weapons, just as NATO and the US have been directly supplying Ukraine in their proxy war against Russia.Venezuelan President Maduro has asked Russia, Chi
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slippe
Nigeria’s most celebrated writer and Nobel laureate, Wole Soyinka, has revealed that his U.S. visa has been revoked, a move he described as “bizarre, comic, and authoritarian.” The 91-year-old, who has long chronicled Africa’s dictatorships with razor-sharp wit, shared the news during a p
Washington and Seoul brokered a historic $950 billion deal, bringing the two nations closer in both trade and military alliance. South Korea will pay $350 billion upfront to lower tariffs implemented by the USA. Hundreds of billions will flow between the nations as trade once again acts as the gr
Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts.Gold prices fell on Friday, as the dollar firmed on uncertainty over further Federal Reserve rate cuts, although bullion was still on track for its third straight monthly gain.
President Donald Trump on Thursday threatened to begin testing US nuclear weapons in response to actions by rival countries, an announcement that came moments before his meeting with Chinese leader Xi Jinping.Trump in a post on social media said, “The United States has more Nu
