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Oil prices climbed on Friday as traders anticipated supply disruptions. Nuclear talks between the United States and Iran have yet to reach an agreement. Brent crude futures settled at $72.48 a barrel, and U.S. West Texas Intermediate crude finished at $67.02 a barrel. Both benchmarks are on track for weekly gains. Uncertainty prevails, with fear pushing prices higher.
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News and Media
Gold surged to a near one-month high, nearing its seventh consecutive monthly gain. Geopolitical tensions, particularly concerning U.S.-Iran nuclear talks and potential military action, fueled a flight to safety. Lower U.S. Treasury yields further bolstered bullion's appeal. Meanwhile, China's gold imports saw a significant jump, indicating strong consumer demand.
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News and Media
Trump Media & Technology Group is exploring a significant move. The company plans to spin off its Truth Social platform. This will create a separate publicly traded entity. Discussions are underway with potential partners. This strategic shift aims to separate social media assets from a new fusion energy venture.
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News and Media
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