Russia
Traders consider whether the U.S. will impose tariffs on nations trading with Russia.
Fed Chair Jerome Powell expects inflation to rise this summer due to ongoing tariffs
Brent crude futures reached $70.51, while WTI saw gains amid ongoing tariff uncertainty and sanctions
OPEC+ agreed to increase production by 548,000 barrels per day in August, pressuring oil prices
BRICS: Abu Dhabi Crown Prince, President of Brazil discuss further strengthening bilateral relations
Sheikh Khaled reaffirmed UAE's commitment to dialogue, economic integration for global stability
Another agreement was signed with Algeria to combat organized crime and enhance security cooperation
Flights to Damascus to be resumed on July 10, 2025
Goldman Sachs predicts Brent could peak at $110 if oil flows through the strait are disrupted
The initiative aims to streamline trade and promote border security between both countries
Tourism offerings in Moscow include halal restaurants and Arabic-speaking services for GCC visitors
Upcoming U.S.-China trade discussions could impact gold prices as tensions remain high
