Tag: MENA Markets

Commerzbank lifts Brent to $90 on Hormuz closure, no return to pre-Conflict prices

Commerzbank (note from Friday) raised its Brent forecast to $90/bbl by end-September…

Dow Jones slips as Iran severs talks and Oil Rises

The Dow Jones Industrial Average traded around 0.4% lower Monday, shedding roughly…

Gold Price Forecast: XAU/USD dives to $4,500 amid simmering tensions in Iran

Gold (XAU/USD) trades lower on Monday, reverting Friday’s gains and returning to…

Indian Rupee extends advance on US-Iran deal optimism

The Indian Rupee (INR) trades firmly against the US Dollar (USD) at…

Australian Dollar softens below 0.7200 amid ongoing Middle East tensions

The AUD/USD pair loses momentum to around 0.7180 during the early European…

US military guiding ships through Strait of Hormuz. NY Times says 70 in last 3 weeks.

US Central Command has quietly guided around 70 commercial ships through the…

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