CBE clarifies Banque Misr UAE branch measures
Egypt’s central bank said measures reportedly imposed on Banque Misr’s branch in the United Arab Emirates as part…
Browsing Tag
US Sanctions
Oil prices fall on Monday
Oil prices fell by more than $1 a barrel on Monday as investors took profits ahead of an expected US announcement…
Oil prices rise on Thursday
Oil prices rose on Thursday as markets assessed potential US sanctions on Russian oil and a blockade of Venezuelan…
Oil prices fall on Tuesday
Oil prices fell on Tuesday, extending losses from the previous session as rising optimism over a potential Russia…
Trump signals more secondary sanctions on Russia’s trade partners
US President Donald Trump said the United States plans to expand secondary sanctions targeting Russia’s trading…
Trump lifts sanctions on Syria
US President Donald Trump signed an executive order ending broad US sanctions on Syria to support its reintegration…
Traders rebrand Venezuelan oil to China as Brazilian
Traders have rebranded over $1 billion worth of Venezuelan oil shipments to China as Brazilian crude since July…
Oil up on Thursday
Oil prices extended gains on Thursday as tighter supply prospects emerged following new US sanctions targeting…
Asian shares fall on Tuesday due to trade tensions
Asian shares declined on Tuesday due to concerns about trade tensions between the US and China, which dampened the…
China’s chip equipment purchases set to decline in ’25
China's chipmaking equipment purchases are expected to drop this year due to overcapacity and increased constraints…
Asian shares advance on OpenAI’s US deal
Asian stocks mostly increased on Wednesday, particularly in the technology sector, following OpenAI's announcement…
Asian stocks extend gains on US inflation data
Asian stocks continued the positive trend on Thursday, with MSCI's broadest index of Asia-Pacific shares outside…
Oil stable on Wednesday
Oil prices stabilised after their biggest gain in over two weeks, as OPEC+ moved closer to delaying supply…
URGENT: US announces fresh Russia- and cyber-related sanctions – statement
The United States imposed sanctions on Sergey Sergeevich Ivanov of Russia and a cryptocurrency firm, Cryptex, a…
Satellite images show Russian LNG vessel bypasses sanctions
A large vessel docked at Russia’s Arctic LNG export plant last week, satellite images reveal, potentially…
Russia to regulate cryptocurrencies amid sanctions pressure
Russia is set to regulate cryptocurrencies as it grapples with increasing difficulties in foreign payments due to…
China’s soaring exports signal weak domestic demand
China's exports of fuel and metals in June exceeded last year's levels, indicating weak demand from the country's…
India resumes purchasing Russian crude oil
Indian Oil Corp. resumed its purchase of Russian crude oil transported via a tanker owned by Sovcomflot PJSC this…
Oil retreats from 5-m peak on Monday’s opening
Oil retreated from a five-month peak following Israel's announcement of troop withdrawal from Gaza, with traders…
Russia oil tankers jump ship to escape US sanctions
Oil tankers used by Russia have ceased operating under the Liberian and Marshall Islands flags due to increased US…
Russian billionaires lose $67 bln of wealth amidst Ukraine war
The combined net worth of 23 Russian billionaires among the richest 500 people in the world list declined by $67…
Oil falls as US maintains record output, inventories rise
Oil fell on Thursday after U.S. crude inventories rose and as production levels in the country held at record…
Oil rises on Venezuelan supply concerns following US sanctions
Oil rose on Wednesday as concerns about supply disruptions following U.S. sanctions on Venezuela’s oil industry…
Oil prices claw back previous losses as Iran sanctions return to focus
Oil prices on Wednesday clawed back some of their hefty losses from the day before as the looming U.S. sanctions…
Oil rises 1.6%, settling at $73.25, as US sanctions on Iran tighten supply
Oil prices rose more than one percent on Friday, with Brent climbing to a fresh four-year high, as U.S. sanctions…
Oil markets tread water ahead of renewed US sanctions against Iran
Oil markets started cautiously on Tuesday, as many traders in Asia were reluctant to take on new positions ahead of…
Oil prices sink 1%, but posts weekly gain after US nuclear deal exit
Oil prices slipped on Friday, but remained near 3½ year highs on Friday as renewed U.S. sanctions on Iran tightened…
South African Crude Oil Imports From Iran Reach $434 Mln
South African crude oil imports from the Islamic Republic of Iran have increased to $434.8 million in March from…
US Sanctions On Iran’s Oil To Eliminate Economic Rivals: FM Spokesman
Iran's Foreign Ministry Spokesman Ramin Mehmanparast says one of the main reasons behind the US sanctions against…