(Bloomberg) — Gold headed for the biggest weekly loss in six years, as war in the Middle East boosted energy and reduced expectations for rate cuts. Bullion traded near $4,685 an ounce, down almost 7% this week, the most since March 2020. Soaring crude, natural gas and fuel prices triggered by the conflict are raising…
Wellington: New Zealand officials said Thursday they were considering using decades-old laws restricting vehicle use if fuel supplies dwindled due to the war in the Middle East. Finance minister Nicola Willis told reporters on Thursday that officials had discussed using legislation introduced to restrict fuel use in the wake of the Iranian revolution in 1979…
HE CAME, he bombed, he ended the war—or so President Donald Trump wants the world to believe. Two days after a fleet of stealthy American bombers struck deeply buried Iranian nuclear facilities, Mr Trump announced a “complete and total” ceasefire in the war between Israel and Iran. “I would like to congratulate both Countries, Israel…