U.S. Encourages Flow of Iranian Oil While It Battles Iran
Treasury Secretary Scott Bessent said removing sanctions on Iranian oil would lower global prices. Source link
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Asked to work on Eid ul Fitr 2026? Get 50% paid extra; know your rights and compensation as per UAE law
Working on Eid ul Fitr 2026 in the UAE? Know Your Legal Rights and Compensation In The Emirates As Eid ul Fitr approaches and millions across the UAE prepare for celebrations, a pressing question is trending among workers: Can your employer ask you to work on a public holiday and if yes, what are your…
Boston Scientific Knew of Pacemaker Battery Problems for Years
Boston Scientific announced multiple recalls but has said its battery issues were limited. One internal test in 2025 found batteries with an “extremely high failure rate.” Source link
Iranian Oil Sanctions: US may unsanction 140 million barrels of Iranian oil to cool prices as Gulf war shakes energy markets
File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tankers in a bid to boost global supply and cool surging crude prices, as the war in the Gulf continues to hammer energy infrastructure and disrupt shipping…
Democrats Demand Answers on Jared Kushner’s Mideast Business Dealings
Two prominent lawmakers wrote to the White House and Mr. Kushner after The New York Times revealed private fund-raising efforts by President Trump’s envoy in the region. Source link
How Iran’s strikes on Qatar’s Ras Laffan, world’s largest LNG hub & other Middle East oil & gas infra, will impact India
India is a big importer of LPG and LNG and relies heavily on supplies from Middle Eastern countries such as Qatar. (AI image) Middle East conflict impact: What happens when the world’s argest liquefied natural gas (LNG) hub suffers extensive damage? Qatar’s key gas hub, Ras Laffan, has sustained extensive damage after multiple strikes from…
Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices. Source link
Govt secures extra LNG via spot buying to make fertilisers
NEW DELHI: Amid the global rush to secure energy supplies, Indian agencies have seen the cost of natural gas (LNG) nearly double from around $10-12 a unit before the West Asian conflict to $19-20 per metric million Btu (MMBtu) when they made purchases in the spot market this week.The spike comes in the wake of…
Banking Regulators Prepare to Loosen Post-Crisis Capital Rules
The changes, long sought by bank lobbyists, would reduce the capital banks must hold in reserve to mitigate risks. Source link
Gold Price: Dubai souks buzz as gold prices crash over Dh50 in UAE: Eid ul Fitr 2026 shoppers rush to buy
Eid ul Fitr 2026 gold rush begins as prices drop in the UAE markets After weeks of soaring prices that kept many buyers on the sidelines, gold has finally taken a sharp turn in the UAE, dropping over Dh50 from its March peak and triggering a surge in last-minute Eid shopping across Dubai’s jewellery markets….