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Qalawun: Recent Developments to Increase Inflation Levels in America

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Qalawun: Recent Developments to Increase Inflation Levels in America

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US dollar exchange rate in Egypt on July 15, 2026, amid Egyptian pound depreciation

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US dollar exchange rate in Egypt on July 15, 2026, amid Egyptian pound depreciation

US Inflation Data Reinforces Expectations of No Federal Reserve Rate Hike in July

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After Bridges: Could Iranian Electricity and Refineries Become American Military Targets?

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After Bridges: Could Iranian Electricity and Refineries Become American Military Targets?
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War causes oil prices to rise, warning against exceeding $110 per barrel

Oil prices rose for the third consecutive session amid escalating geopolitical tensions in the Gulf due to the confrontation between the United States and Iran, and the worsening situation in the Strait of Hormuz. Brent crude increased by 0.7%, reaching $85.31 per barrel, while West Texas Intermediate rose by 0.4% to $79.69. Goldman Sachs indicated that the chances of Brent surpassing $110 per barrel remain possible if the unrest continues, while data showed Gulf oil exports have fallen to their lowest levels in over a year due to military escalation and risks to global oil supplies.

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