Global gold accumulation hits about $2 billion as African central banks join buying wave.
The uptick marks a rebound from January’s slowdown and reflects a sustained push
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Egypt and Russia race to build a $30 billion nuclear project.
During a meeting between Egypt’s Minister of Electricity and Renewable Energy, Mahmoud
China’s Teapot Refiners Rush to Secure Iranian Crude as Oil Prices Slide.
China’s independent refiners are looking for prompt Iranian crude cargos after Beijing
US oil giant nears a $10 billion investment decision with Africa’s largest oil producer.
The company first touted the deal back in September 2024, following a
Angola’s first gold refinery to start operations as it pushes beyond oil and diamonds.
The refinery, located in Viana near Luanda, has a processing capacity of
Italian energy giant ENI announces gas discovery off Egypt coast.
ENI made the discovery with the drilling of the Denise W exploration
European Gas Futures Jump 3% as Trump’s Iran Strike Deadline Nears
European natural gas futures opened higher on Tuesday as markets are awaiting
U.S. Oil Premiums Hit Record High as World Scrambles for Crude
The premiums for U.S. West Texas Intermediate crude have soared in the spot market
JP Morgan Sees $150 Oil if Hormuz Remains Closed Through Mid-May.
Oil prices could top $150 per barrel if energy flows through the
Iran war pushes Germany’s deficit to 4.2% as growth outlook is cut by 50%.
The Iran war is hitting the German economy at the worst possible