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Volkswagen is reviewing up to 100,000 global job cuts, including 50,000 positions already covered by German agreements through 2030. The post Volkswagen reviews up to 100,000 global job cuts appeared first on Arabian Observer: Observe more. Understand Arabia..
EU Council approval completes the bloc’s process for the EU-Mexico interim trade agreement, now pending Mexico’s domestic procedures. The post EU Council clears modernised interim trade pact with Mexico appeared first on Arabian Observer: Observe more. Understand Arabia..
Donald Trump and Iraqi Prime Minister Ali al-Zaidi discuss wider US cooperation in oil, gas, power, trade and private investment across Iraq. The post US and Iraq expand economic and energy cooperation appeared first on Arabian Observer: Observe more. Understand Arabia..
Brent crude jumped 9.6% to $83.30 and WTI rose 9.4% to $78.14 as Gulf shipping disruption drove a broad rally across global oil markets.
Gold prices recovered from a two-week low after a 3% selloff linked to rising oil, inflation pressure and stronger rate hike bets.
Brent crude climbed above $79 while WTI passed $74 as fresh US-Iran attacks coincided with reduced shipping through the Strait of Hormuz.