UAE petrol prices August 2025: Stability ahead or another bump? Here’s what you need to know | World News

[ad_1] UAE petrol prices fluctuated monthly in 2025, driven by global oil trends and seasonal demand/ Representative Image TL;DR Fuel prices in August 2025 are likely to stay flat or see a slight increase. July saw one of the highest rates this year, driven by global oil trends. Final August rates will be announced on […]

Israel strikes Iran: Gold prices in dubai see 2nd-highest surge of 2025, check latest rates | World News

[ad_1] Dubai gold prices see second-biggest 2025 surge, following the record high of Dh420/gram earlier this year amid the global tariff war. (File) Gold prices in Dubai rose sharply on Friday as escalating tensions between Israel and Iran pushed investors toward traditional safe-haven assets. The 24-karat gold variant jumped by Dh4 (approximately $1.09) per gram, […]

Oil prices jump on report of Israel prepping Iran strike | World News

[ad_1] HONG KONG: Crude prices surged Wednesday following a report that US intelligence suggested Israel was planning a strike on Iranian nuclear facilities, which would send geopolitical tensions into overdrive and fuel regional conflict fears.While safe haven gold pushed almost two percent higher, the news from CNN appeared to be having little detrimental effect on […]

‘We’ll no longer tolerate’: Donald Trump signs executive order giving drugmakers 30 days to slash drug prices

[ad_1] President Donald Trump on Monday signed a sweeping executive order aimed at slashing prescription drug prices in the United States, giving pharmaceutical companies a 30-day deadline to cut costs or face action.“Starting today, the United States will no longer subsidise the healthcare of foreign countries… and we’ll no longer tolerate profiteering and price gouging […]

As oil prices fall can Gulf big spenders keep Trump pledges?

[ad_1] Representative image (AP) Almost every month, there’s another announcement about how various Gulf states will spend mind-blowing sums of money, hundreds of billions of dollars, if not trillions, in deals made with the new Trump administration in the US.In January, Saudi Arabia said it would broaden investments into, and trade with, the US to […]

Trump Plan Would Tie Some Drug Prices to What Peer Nations Pay

[ad_1] President Trump will sign an executive order on Monday aimed at lowering some drug prices in the United States by aligning them with what other wealthy countries pay, he said on Truth Social on Sunday evening. The proposal he described, which alone cannot shift federal policy, is what he calls a “most favored nation” […]

Polls close in Australian vote focused on high prices and shortage of housing | World News

[ad_1] MELBOURNE: Vote counting has begun in Australia’s general election after polling stations closed across the country. Counting is well underway in the east, where polls closed two hours earlier. Prime Minister Anthony Albanese and his rival Peter Dutton began campaigning on Saturday in the electorally crucial city of Melbourne. Albanese later returned home to […]

Hermes to hike US prices to offset tariff impact

[ad_1] Representative Image (AI) PARIS: French luxury group Hermes said Thursday it would hike its prices in the United States to offset the impact of 10-percent import tariffs imposed by President Donald Trump.Famous for its Birkin handbag, silk scarves and leather goods, the increases would take effect on May 1, said the group’s finance chief, […]

Trump Tariffs: Republicans rally behind Trump as most Americans expect higher prices from tariffs

[ad_1] File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump’s sweeping tariff plans have triggered growing anxiety among Americans, with many blaming his policies for worsening economic conditions, even as most Republicans continue to back his strategy. According to a CBS News/YouGov poll, the country remains sharply divided on whether Trump […]

‘Extremely turbulent’: Russia ‘monitoring situation closely’ as oil prices fall after Trump’s tariff

[ad_1] Russia on Monday said that the global oil market is experiencing significant volatility following the United States’ implementation of “Liberation Day” tariffs on numerous countries. Trading data shows that on London’s ICE, Brent crude oil futures contracts for June 2025 delivery fell below $63 per barrel at 10.08 am Moscow time (7.08 am GMT), […]