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Market participants are now awaiting the release of the US consumer price index for February, scheduled for Wednesday, as well as the Personal Consumption Expenditures index, the Federal Reserve’s preferred inflation gauge, due on Friday. Among other precious metals, spot silver rose 3 per cent to $89.60 per ounce. Platinum gained 1.2 per cent to…
Oil prices relaxed on Tuesday after jumping past the $100-per-barrel mark a day earlier. The pullback came as fears of long-lasting supply disruptions eased slightly, with signs that the Middle East conflict could see some diplomatic movement. As of 0018 GMT, Brent crude futures were down $6.51, or 6.6%, to $92.45 a barrel, while US…
US President Donald Trump said he does not “know enough” about reports that a Tomahawk cruise missile may have struck a school in Iran. The comments came after a reporter questioned how Iran could have used the missile when it is widely known to be operated by the US military in the current conflict.“The Tomahawk,…
US President Donald Trump on Monday dialed his Russian counterpart Vladimir Putin to discuss the conflicts in Iran and Ukraine.According to a report by the Russia Today, Kremlin aide Yury Ushakov told journalists that the American president initiated the call to discuss the latest international developments.Meanwhile, Trump said that Putin wants to be helpful in…
US President Donald Trump on Tuesday said that the Iran war was going to “end soon”, without providing any specific timeline. He also warned Tehran that if they tried “anything cute”, the US would end the nation. He called the Iran war a “short term excursion.”“It’s going to be ended soon, and if it starts…
US President Donald Trump on Tuesday said that he would remove “some oil sanctions” to reduce the soaring prices as the crude cost hit $100 a barrel amid Iran war.“We’re also waiving certain oil-related sanctions to reduce prices,” he said addressing reporters. “We’re going to take those sanctions off till this straightens out,” he added.Moreover,…
Anthropic, the maker of Claude AI, has taken the Trump administration to court. The AI company has filed a lawsuit on Monday (March 9) to block the Pentagon from placing it on a national security blacklist – a designation that is reserved for those organisations, or countries, that pose national security threat. This is already…
US President Donald Trump’s war on Iran has entered a new phase, and it looks less like a quick show of force than the opening stretch of a larger, riskier conflict.Driving the news Khamenei ‘ANNOYS’ Trump With Last-Minute Curveball; Iran-US War ‘Unavoidable’ As Talks Fracture Operation Epic Fury is entering a more combustible phase: Iran…
When will the Iran war end? The crisis in the region scaled-up after heavy joint military strikes by the United States and Israel on Iran, which killed Iran’s longest-serving Supreme Leader Ayatollah Ali Khamenei in the initial strikes of a Donald Trump designed operation and backed by Israeli Prime Minister Benjamin Netanyahu.Speaking to The Times…
Oil prices have climbed above $100 a barrel for the first time in more than three and a half years as the escalating war involving Iran disrupts energy production and shipping routes across the Middle East. US President Donald Trump called it a “very small price to pay for world peace”.“Short term oil prices, which…
