Browsing: Business

Oil prices surged more than 4% as Brent closed above $88, while reduced Strait of Hormuz traffic tightened Gulf energy flows during the week. The post Oil prices surge 4% as Brent crude closes above $88 appeared first on Arabian Observer: Observe more. Understand Arabia..

The United States will impose a 25% tariff on thousands of Brazilian imports from July 22, while coffee, beef and aircraft remain exempt. The post US adds 25% duty on Brazil imports beginning July 22 appeared first on Arabian Observer: Observe more. Understand Arabia..

U.S. consumer prices fell 0.4% in June as annual inflation slowed to 3.5%, driven by lower gasoline and broader energy costs nationwide. The post US inflation falls to 3.5% as energy prices retreat appeared first on Arabian Observer: Observe more. Understand Arabia..

EIB Group approves €17.4 billion for energy, nuclear upgrades, transport, business finance and Ukraine border links across Europe and partner markets this year. The post EIB approves investment in grids and nuclear power appeared first on Arabian Observer: Observe more. Understand Arabia..

Egypt’s net international reserves reached a record $55.07 billion in June 2026, rising nearly $2 billion from May, central bank data showed. The post Egypt foreign reserves reach record $55.07 billion in June appeared first on Arabian Observer: Observe more. Understand Arabia..