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Oil Prices Rise Above $100 as Middle East War Disrupts Energy Supplies
Oil prices remain above $100 a barrel as the ongoing U.S.-Iran war and attacks involving Saudi Arabia and Yemen's Houthis continue to threaten major energy infrastructure and shipping routes.
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Gold and Silver Prices Today: Latest Market Update
Gold and silver prices remain volatile as investors assess recent U.S. Federal Reserve policy moves, the strength of the U.S. dollar, bond yields and changing demand for precious metals. In Pakistan, gold is currently around Rs460,236 per tola, while silver is around Rs7,100 per tola.
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Largest attack on Moscow sees Ukraine fire hundreds of drones, mayor says
Ukraine launched a massive overnight drone assault toward Russia, including hundreds of drones aimed at Moscow, according to Russian officials. Moscow's mayor called it the largest drone attack on the Russian capital since the war began. An oil refinery was damaged and casualties were reported in the wider Moscow region.
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Netanyahu Calls UK ‘Islamic Republic of Britain’ in Latest Diplomatic Clash
Israeli Prime Minister Benjamin Netanyahu has sparked controversy after referring to the United Kingdom as the “Islamic Republic of Britain” during an interview with Israeli Army Radio. His comments come amid increasingly strained relations between Israel and Britain over Gaza, Palestinian statehood and potential British measures against Israel.
Read MoreGold and Silver Prices Update: Precious Metals Finish the Week Higher
Gold and silver ended the latest trading week with strong gains as a weaker U.S. dollar and softer inflation data supported demand for precious metals. Investors are also watching Federal Reserve policy expectations and continuing geopolitical tensions for clues about the next major move.
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Gold and Silver Prices Rally: Precious Metals Approach Key Levels
Gold and silver prices are extending their recent rally as investors react to weaker U.S. employment data, changing Federal Reserve expectations and continuing global uncertainty. Spot gold is around $4,356.79 per ounce, while silver has climbed to approximately $65.03 per ounce. Both metals remain close to recent highs as traders await important U.S. inflation data.
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Colombia Earthquake Kills at Least 111 as Buildings Collapse After Magnitude 7.4 Tremor
A powerful magnitude 7.4 earthquake has struck Colombia, causing buildings to collapse and killing at least 111 people, according to initial reports. Emergency crews are searching damaged areas for survivors as authorities assess the scale of the destruction and provide assistance to affected communities.
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Wall Street and Dow Jones Latest Update
Wall Street ended the latest trading week with mixed results as investors monitored rising Treasury yields, oil prices, inflation concerns and changing expectations for U.S. interest rates. The Dow Jones Industrial Average closed at 51,682.64 on September 18, down 0.18% for the day and 1.7% for the week.
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Oil Prices Rise Above $100 as Middle East War Disrupts Energy Supplies
Oil prices remain above $100 a barrel as the ongoing U.S.-Iran war and attacks involving Saudi Arabia and Yemen's Houthis continue to threaten major energy infrastructure and shipping routes.
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German elections under way which could decide fate of Chancellor Merz
Voters in Berlin and Mecklenburg-Western Pomerania are casting ballots in state elections that could increase political pressure on German Chancellor Friedrich Merz. The results are being closely watched after strong gains by the Alternative for Germany (AfD) in a recent state election.
Read MoreOil Prices Rise as Iran Tensions Keep Global Energy Markets on Edge
Global oil prices ended the latest trading week higher as renewed tensions between the United States and Iran increased concerns about crude supplies and shipping through the Strait of Hormuz. Brent crude finished around $87.87 per barrel, while U.S. West Texas Intermediate (WTI) settled near $81.69, according to Reuters.
Read MoreWall Street Update: S&P 500 Pulls Back From Record High as Investors Weigh Economic Data and Middle East Tensions
Wall Street ended Friday, August 14, slightly lower after the S&P 500 reached a record high the previous day. Investors were balancing weaker U.S. retail-sales data, rising oil prices and Middle East tensions against expectations that the Federal Reserve may avoid further interest-rate increases.
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Luigi Mangione Pleads Guilty to Federal Charges in Killing of UnitedHealthcare CEO
Luigi Mangione pleaded guilty in federal court on August 14, 2026, admitting that he fatally shot Brian Thompson, the CEO of UnitedHealthcare's insurance division, in Manhattan in December 2024. The guilty plea resolves the federal case without a trial, but Mangione still faces a separate New York state murder case.
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Nigel Farage Wins Clacton By-Election: What Does the Unorthodox Victory Mean for Reform UK?
Nigel Farage has secured another victory in Clacton, but the circumstances surrounding the by-election have been highly unusual. The contest followed Farage's decision to trigger the election himself, while he notably did not attend the declaration of the result. The outcome nevertheless strengthens his position as Reform UK's central political figure.
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World's Oceans Hit Record-High July Temperatures as El Niño Develops
The world's oceans recorded their hottest-ever July temperatures, according to the European Union's Copernicus Climate Change Service. Scientists say developing El Niño conditions in the Pacific are contributing to the unusually warm seas, raising concerns about marine ecosystems, extreme weather and the continued effects of climate change.
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England Opener Ben Duckett Set to Be Fit for Pakistan Test
England opener Ben Duckett is expected to be fit for the upcoming Test against Pakistan after recovering from a recent injury concern. His availability would be a major boost for England as the team prepares for another important Test assignment.
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