Bangladesh increases fuel prices

The Hormuz region experienced a sharp decline in maritime traffic, with only 12 ships passing through before the Trump and Shi summit, indicating escalating tensions and increasing risks in the area. This comes amidst rising tensions between the United States and China over the safety of artificial intelligence technologies, with a proposed alert mechanism to enhance cooperation between the two countries. Additionally, gold prices in the UAE saw noticeable increases, while data indicates delays in some gas projects in Qatar due to the Hormuz crisis. Meanwhile, oil prices fell to their lowest level in over a week as geopolitical threats intensified.

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