The United States recently imposed expanded sanctions on Iran’s petroleum and petrochemical sectors in response to an Iranian missile attack on Israel, heightening concerns in the global oil market. As reported by Reuters, these sanctions add a...
The Fiber has gained positive traction after the previous day’s modest dip, climbing closer to the weekly top during Monday’s Asian session. Despite this recovery, spot prices remain capped below the 1.0450 level. Clearing this resistance decisively...
On Monday, the spot price retraced its gains from the previous session against the Dollar. Supported by a hawkish Bank stance and stimulus measures from China, its largest trading partner, the price has showcased resilience in a challenging global...
On Monday, the spot price touched a fresh low against the Dollar, although concerns about potential government intervention curbed aggressive selling. A modest downtick in the USD also failed to fuel substantial momentum, keeping the pair just above...
