(Bloomberg) — Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas. Oil’s ...

(Bloomberg) -- Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.

Trump on Wednesday unveiled a 10 per cent minimum tariff on most goods imported to the United States, the world's biggest oil consumer, with much higher duties on products from dozens of countries ...

Oil prices plummeted around seven percent to under $70 per barrel as an economic downturn would hit demand. Gold, a safe haven asset in times of uncertainty, hit a new peak of $3,167.84 an ounce.

Oil prices dropped $2 on Thursday after U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude. Brent ...

Stock markets and the dollar tumbled Thursday after President Donald Trump's latest tariffs salvo against countries worldwide, fanning a trade war that many fear will spark recession and ramp up ...

HOUSTON (Reuters) -Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S. President Donald ...

A tourist submarine sank on Thursday during a routine underwater sightseeing tour off the coast of Hurghada, a popular Red Sea resort city in Egypt, killing at least six Russian nationals on board.

NEW YORK: Oil prices dropped about 4% on Monday as weak manufacturing data in several countries weighed on the demand outlook while investors braced for this week's meeting of OPEC and its ...

Cairo — Six tourists died on Thursday when a tourist submarine sank off the resort of Hurghada on Egypt's Red Sea coast, the provincial governor said. The submarine was carrying 45 foreign ...

It was not clear if any crew members or tourists from other countries were among the casualties or what caused the sub to sink. According to reports, the Sindbad has a total capacity of 50.

A tourist submarine has sunk in Egypt, sparking a major rescue operation and leaving multiple people dead or injured. The submarine, named Sindbad, was carrying about 44 passengers of different ...