Gold prices recovered while oil extended a sharp sell-off on Monday as investors increasingly positioned themselves for a possible easing of tensions between Washington and Tehran, raising expectations that inflation pressures and disruptions to global energy flows could gradually subside. The simultaneous rebound in bullion and retreat in crude reflected a broader reassessment across global…

US President Donald Trump stated that a potential agreement with Iran had been “largely negotiated,” with reopening the Strait of Hormuz emerging as one of the central objectives of ongoing diplomatic efforts aimed at ending the conflict and restoring regional stability. Reuters reported that the emerging framework under discussion could include phased de-escalation measures, renewed commercial…

President Abdel Fattah el-Sisi joined US President Donald Trump and several Arab and regional leaders in a high-level telephone call aimed at advancing diplomatic efforts to end the conflict involving Iran and prevent further destabilisation across the Middle East. According to the Egyptian Presidency, the call included Abdullah II, Hamad bin Isa Al Khalifa, Mohamed bin Zayed Al Nahyan, Recep…