interest rate

West Texas Intermediate crude futures also experienced a 0.3 percent rise, reaching $72.03 per barrel

The U.S. dollar fell to near its lowest level since December 17 in reaction to disappointing U.S. retail sales data on Friday

On Thursday, Trump asked his economics team to set up plans for reciprocal tariffs on every country taxing U.S. imports

These comments follow Powell's statement that policymakers shouldn't rush to cut rates amid inflation

President Trump said he would impose reciprocal tariffs as soon as Wednesday evening on every country that charges duties on U.S. imports

Russia is the world's third-largest oil producer and sanctions imposed on its crude exports have supported higher prices

In the MENA region, 64 percent of chief economists surveyed by the World Economic Forum (WEF) expect moderate growth
