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الشارقة 24
Dollar steadies near 18-month peak, Nikkei drops
Gold prices in the UAE declined due to the impact of the economic war on the Gulf region and neighboring areas. The fallout has been focused on rising transportation and rental costs, increased inflation in Jordan, and forecasts of Saudi Arabia boosting its oil export capacity to 10 million barrels per day. The economic cost of the war was also reviewed, amounting to approximately 6 trillion euros allocated for climate protection in Germany until 2045. Meanwhile, global markets were affected as the dollar remained near a 18-month high, and the Nikkei index declined, amidst security concerns threatening energy facilities and shifting market calculations in the Gulf.
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