Global crude oil prices dropped sharply by more than four dollars per barrel after US President Donald Trump announced the cancellation of planned military strikes against Iran, citing progress towards a potential diplomatic agreement. According to market data, Brent crude fell by $4.08, or 4.64 per cent, to settle at $83.85 per barrel. Simultaneously, US […]

US President Donald Trump’s latest declaration outlining a peace and security framework for the devastated Gaza Strip has been immediately overshadowed by a surge in regional violence. Despite diplomatic efforts to transition towards a stabilized post-conflict phase, Israeli military strikes across the enclave have resulted in at least 19 Palestinian fatalities within a 24-hour period, […]