Gulf crisis fallout: US temporarily allows sale of some Russian oil

The United States has temporarily permitted the sale of Russian oil already in transit, according to a treasury department notice issued on Friday. This comes as energy prices surged following US-Israeli strikes on Iran that pushed the Middle East into war.The treasury granted a license allowing transactions involving Russian crude oil and petroleum products loaded…

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Gold price prediction today: What’s the outlook for gold prices & will silver prices touch new highs soon? Here’s what you should know

Gold prices traded sideways last week but held near $4,200 per ounce since the start of this week. (AI image) Gold price prediction today: Gold prices are unlikely to see sharp upside, feel analysts. Will silver prices hit new all time highs ahead of year-end? According to Maneesh Sharma, AVP – Commodities & Currencies, Anand…

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ECB unveils tokenized finance roadmap as Europe pushes to reduce reliance on foreign infrastructure

The European Central Bank on Wednesday unveiled the timeline for the eurozone’s initiative to shape the development of a tokenized wholesale financial ecosystem based around the single currency and ensure the euro’s continued relevance as an international currency. The strategy comprises Pontes, a distributed ledger technology (DLT) layer for transactions seen debuting in the third…

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