REDMED

Gold Hits 7-Week High Above ,265, US Futures Reach ,324.60 as Hopes Grow for Strait of Hormuz Reopening – When Will the Major Shipping Route Reopen?

Gold Hits 7-Week High Above $4,265, US Futures Reach $4,324.60 as Hopes Grow for Strait of Hormuz Reopening – When Will the Major Shipping Route Reopen?

1 US-Israel-Iran War Latest Live News: The war in the Middle East continued to influence both financial markets and regional security on August 6. Gold prices climbed to their highest level in seven weeks as investors reacted to growing optimism that negotiations over reopening the Strait of Hormuz could improve maritime trade and reduce uncertainty…

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Kavalan returns to Israel – The Spirits Business

Kavalan returns to Israel – The Spirits Business

Taiwanese single malt whisky Kavalan has teamed up with distributor Eurostandart to reintroduce its core range to the Israeli market. Kavalan makes its return to the Israeli market with a wide range of single malt expressions Eurostandart’s goal is to enhance Kavalan’s presence in retail, hospitality, speciality retail, and e-commerce channels as it re-enters the…

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What the Middle East needs is security without hegemony

What the Middle East needs is security without hegemony

The Strait of Bab el-Mandeb, the Strait of Hormuz, the Red Sea, and the Gulf of Aden represent not only key geopolitical hubs in the Middle East, but also critical elements of the global energy supply chain and international trade. Growing attacks by proxy groups, including Houthi actions against international shipping, threats to energy infrastructure,…

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Iran and Oman agree on new Hormuz route, Tehran says

Iran and Oman agree on new Hormuz route, Tehran says

Iran and Oman have agreed a route for ships transiting the Strait of Hormuz and are putting the final touches on arrangements for jointly managing the passage, Tehran’s foreign ministry said on Wednesday. Iran has seized de facto control of the strait, a strategic waterway for the global energy trade, since the United States and…

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Strong shekel pressures Israeli high-tech

Strong shekel pressures Israeli high-tech

The shekel’s rise to levels not seen in decades was interpreted by the markets as a vote of confidence in the Israeli economy. Yet in the economy’s strongest sector, that same sign of strength sounds more like an alarm bell. What appears from the outside to be a badge of economic excellence looks from within…

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‘Free and Open,’ US Confirms Key Shipping Route Is Open as Iran Talks Near Breakthrough, Oil Prices Sli

‘Free and Open,’ US Confirms Key Shipping Route Is Open as Iran Talks Near Breakthrough, Oil Prices Sli

8 US-Israel-Iran War Latest Live News: Fresh diplomatic efforts to reduce tensions in the Middle East have raised hopes that one of the world’s most important oil shipping routes could remain fully operational despite weeks of regional conflict. The United States has confirmed that commercial vessels continue to move safely through the Strait of Hormuz while…

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