- Market Cap Slips as Nigerian Exchange Halts 2-Week Rally
- Germany Approves 17-Cent Fuel Tax Cut To Ease Pump Prices
- Trump to Xi: China Helping Iran Is Unacceptable
- Dangote To Fund $660m Fuel Pipeline Between Ethiopia And Djibouti
- NNPC Ltd Welcomes $800m Ima Gas Final Investment Decision
- Iran Proposes 7-day Plan to Reopen Strait of Hormuz
- Ethereum Price Drops on Rising U.S. Treasury Yields
- Crude Oil Prices Decline, Brent Hovers Below $106
Middle East News
Fitch Ratings has affirmed Infrastructure Credit Guarantee Company PLC’s (InfraCredit) Insurer Financial Strength (IFS) Rating at ‘BB-‘ and National IFS Rating at ‘AAA(nga)’.
Fitch Ratings has affirmed the United Arab Emirates’ (UAE) Long-Term Issuer Default Ratings (IDRs) at ‘AA-‘ with a stable outlook, according to a rating note released by the agency. UAE’s ‘AA-‘ rating reflects low consolidated government debt, strong net external asset position and high GDP per capita.
Ripple (XRP) taps Bitcoin’s gaining streak, as the token price climbed about 2% to $1.42, though it’s still underperforming the broader market rally.
Ripple’s XRP price has been hovering around $1.31 over the past 24 hours, down 0.28%, and over the last week, it has decreased by 1.78%. For some crypto investors, the tight price movements signal stability amid geopolitical instability, reducing investment appetite.
Reversing trend, US West Texas Intermediate crude grade surpassed Brent prices as the oil supply outlook worsened due to the escalating Middle East conflict.
Circle’s EURC climbed by 100 basis points over 24 trading hours to $1.14, as European countries’ single-currency stablecoins dominated the non-USD market.
Fitch Places Arada on Rating Watch Negative Fitch Ratings has placed Arada Developments LLC’s Long-Term…
Ethereum (ETH) dropped by more than 5.13% over 24 hours to $2,074.74 as early investors moved holdings to exchanges, countering recent Whale accumulation.
Oil Falls Below $100 after Trump’s Comments on U.S.-Iran Talks Oil prices fell back below…