Bank of Korea Warns of Upward Pressure on Market Interest Rates Due to ME Conflict (1)

Seoul, March 26 (QNA) - Market interest rates could face significant upward pressure if the conflict in the Middle East persists, the Korean central bank said Thursday.

Bank of Korea Warns of Upward Pressure on Market Interest Rates Due to ME Conflict

Seoul, March 26 (QNA) - Market interest rates could face significant upward pressure if the conflict in the Middle East persists, the Korean central bank said Thursday.

Japan Starts Release of State-Held Oil to Stabilize Supplies Amid Iran War

Tokyo, March 26 (QNA) - The Japanese government on Thursday started releasing state-held oil to stabilize supplies amid the ongoing US-Israeli war with Iran, as part of the largest-ever drawdown of reserves stockpiled in the country.

Oil Prices Rise as Investors Reassess Middle East Ceasefire Prospects

Singapore, March 26 (QNA) - Oil prices rose on Thursday, recovering some of the losses from the previous session, as investors reassess the prospects for de-escalation in the Middle East, following Iran's announcement that it is still considering the US proposal to end the conflict that has disrupted energy flows.

Gold Prices Stabilize Amid Anticipation of De-Escalation in Middle East

Singapore, March 26 (QNA) - Gold prices stabilized on Thursday as investors awaited clearer signs of progress in efforts to de-escalate the conflict in the Middle East, while remaining cautious ahead of new geopolitical developments that could impact safe-haven assets demand.

Gold Prices Rise Over 2 Percent

New York, March 25 (QNA) - Gold prices rose more than 2 percent during Wednesday's trading, supported by a weaker dollar.

Oil Prices Fall by Over 2 Percent

New York, March 25 (QNA) - Oil prices fell by more than 2 percent at settlement Wednesday, recovering some of the heavy losses incurred earlier in the session, amid expectations of a possible ceasefire that could ease supply disruptions in the Middle East.

US Stock Indexes Close Higher

New York, March 25 (QNA) - Major US stock indexes closed higher at the end of today's trading session on Wall Street.

US Import Prices Hit Highest Increase in 4 Years

Washington, March 25 (QNA) - US import prices in February recorded their largest increase in four years, driven by a surge in energy costs amid the Middle East conflict, reinforcing signs of accelerating inflation in the coming months.

European Stocks Close Higher

Brussels, March 25 (QNA) - European stocks closed higher on Wednesday, amid expectations of a de-escalation in the Middle East conflict and concerns about the war's long-term economic damage.

Jordan: Crude Oil Reserves Secure, Cover Local Demand

Amman, March 25 (QNA) – The Jordan Petroleum Refinery Company (JPRC) has confirmed that its crude oil reserves, necessary for refining petroleum products and producing gas cylinders, are securely available and cover local market demand without any interruption.

Turkiye, China Stress Importance of Continued Supply Chains, Energy Supplies

Ankara, March 25 (QNA) – Turkish Foreign Minister Hakan Fidan and his Chinese counterpart Wang Yi have emphasized the importance of maintaining the operation of transportation lines, supply chains, and energy supplies.