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Egyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open roadEgyptian FM holds calls with Iranian counterpart , U.S. Envoy on regional developmentsZverev into French Open last-fourIsraeli fire kills four people in Gaza, medics sayEgypt, Singapore discuss expanding cooperation in tourism, antiquitiesAncelotti eases Neymar W. Cup fearsArab, Islamic states condemn Israeli actions at Al-AqsaSyria Hopes for Terrorism Delisting to Spur Economic RecoveryBenfica linked with Fulham’s SilvaVan der Breggen takes Giro leadKremlin: Saudi Arabia Named Guest of Honor at St. Petersburg Economic ForumTrump administration proposes 25% tariff to punish Brazil over trade practicesرياضة محلية‘Really cool to share this journey with her’: Michelle Wie West playing for her family at U.S. Women’s OpenArchaeological Replicas Showcase Saudi Arabia’s Rich History at Kuala Lumpur Int’l Book FairRenewable Energy Helps Red Sea Global Avoid 118,000 Tons of Carbon EmissionsLetter: Carol Rumens obituaryEngland v India: third and deciding women’s T20 cricket international – liveHealthVolunteers serve comfort food in a worrying Ebola outbreak – Sault Michigan NewsEconomyTrump signs AI executive order asking companies to give government early access to modelsVarietySouth West Water fined nearly £2million after supplying homes with parasite-ridden water that left four people in hospital – and telling people it was safe to drinkScience & TechYour car is following you – how to reclaim your data privacy on the open road
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US dollar50.26EGPEuro58.16EGPBritish pound68.06EGPSaudi riyal13.40EGPUAE dirham13.68EGPKuwaiti dinar163.16EGPJordanian dinar70.88EGPQatari riyal13.81EGPTurkish lira1.05EGPChinese yuan7.45EGPGold 247,104.41EGP/gGold 216,216.36EGP/gGold 185,328.31EGP/gSilver106.45EGP/g
NEWS BREAKING
Oil

With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart

Global prices are approaching a tipping point that could trigger inflation, shortages and, over time, recession

If a US-Iran deal is about to be reached, three months on from the launch of Donald Trump’s Operation Epic Fury, it will not be a day too soon for oil markets, which are approaching a dangerous tipping point.

The cost of a barrel of crude on the spot market – for immediate purchase, effectively – has bounced about $100 since Iran predictably responded to the onslaught from the US and Israel by closing the strait of Hormuz.

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المصدر: The Guardian — World Middleeast

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