15 Hrs
Source:
الرؤية
Gold prices surge
Wars and the pronounced effects of El Niño threaten global food security, with expectations of rising food prices due to climate issues and international conflicts. Economically, gold prices have increased for the third consecutive session amid anticipation of U.S. inflation data, while Omani crude oil approaches $100 per barrel, driven by worsening weather conditions and geopolitical tensions. The report also highlights Iran's readiness to face new U.S. sanctions, amid escalating threats and potential responses. Additionally, there are significant risks to global food supplies resulting from the impact of these challenges on production and trade.
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