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Oil rises as Iran threatens $200 per barrel, overshadowing G7 reserve release plans Image

Oil rises as Iran threatens $200 per barrel, overshadowing G7 reserve release plans

Oil

2 min read

Threats to tanker routes in Gulf raise fears in energy markets while major economies prepare emergency oil stock releases

Dubai property sales surpass $4B despite continuous Iranian barrage

Dubai real estate

3 min read

High-value deals in Palm Jumeirah, Palm Deira and central Dubai continue as investors keep buying despite regional tensions

Dubai property sales surpass $4B despite continuous Iranian barrage Image

US inflation stays at 2.4% in February, backing outlook for Fed rate hold

Business

February CPI data meets forecasts, reinforcing expectations that Federal Reserve will keep borrowing costs unchanged

US inflation stays at 2.4% in February, backing outlook for Fed rate hold Image

Japan readies oil reserve release ahead of IEA decision: PM Takaichi

Business

PM Takaichi says country will begin releasing strategic petroleum reserves as early as Monday as supply risks rise in Strait of Hormuz

Japan readies oil reserve release ahead of IEA decision: PM Takaichi Image

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