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Day: August 26, 2025

Oil Prices Decline by 2% as Traders Monitor Russian Supply Risks

Doha: Oil prices fell by nearly 2% Tuesday, reversing gains from the previous session, as traders closely monitored developments in the Ukraine conflict and its potential impact on Russian fuel supplies. Brent crude dropped $1.28, or 1.9%, to $67.52 p…

Saudi Stock Market Index Closes Lower by 23.30 Points

Riyadh: The Saudi main stock index concluded today’s trading session with a decrease of 23.30 points, settling at 10,874.74 points. The total trading value for the day reached SR 7.3 billion.

According to Qatar News Agency, the trading activity saw…

QSE Index Rises Marginally at Beginning of Trading

Doha: The QSE index experienced a slight increase at the start of Tuesday’s trading session, edging up by 0.01%. This gain of 1.31 points brought the index to a level of 11,294.73 points, compared to its closing position on Monday. The modest rise was…

Dollar Drops after Trump Fires Fed’s Cook

Doha: The US dollar surrendered gains in early trading in Asia on Tuesday after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position. The dollar index fell 0.3% to 98.187 after Trump made the announcement…

Kuwait Bourse Records Decline in All Share Index

Kuwait city: Kuwait bourse closed its trading on Tuesday with a decline in its All Share Index by 60.94 points, or 0.71 percent, reaching 8,579.72 points.

According to Qatar News Agency, as many as 561.2 million shares were traded through 25,345 cas…

US, South Korea Forge New Industrial Alliances Through 11 MOUs

Washington: The United States and South Korea have signed 11 memorandums of understanding (MOUs) for bilateral cooperation in a wide array of key industrial sectors ranging from shipbuilding, nuclear energy, and aviation to liquefied natural gas (LNG)…

Oil Eases After Rising to 2-Week High

New york: Oil prices edged down on Tuesday, after surging nearly 2% in the previous session. Brent crude futures fell 16 cents, or 0.23%, to $68.64 per barrel, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25%, to $64.64. …

Gold Hits 2-Week High as Dollar Slips

New york: Gold rose to a two-week high on Tuesday, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since August …

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