Oil prices surged Friday following Ukraine’s drone attacks on Russia’s energy infrastructure, significantly cutting fuel exports. Russia responded by implementing a partial diesel export ban. US pressure on allies like India and Turkey to reduce Russian imports, alongside NATO warnings and robust US economic growth, further bolstered prices.
Gold, silver slide up to 2% as fresh US strikes on Iran fuel inflation fears, hurt peace hopes
Gold prices declined on Thursday as U.S. strikes on Iran boosted oil and fueled inflation concerns, impacting interest rate outlooks. Spot gold fell 0.8% to