Escalating tensions between the United States and Iran over stalled nuclear negotiations have once again heightened geopolitical risks in global crude oil markets. Recent warnings from the US leadership about possible military action after Iran reportedly crossed key US “red lines” caused a sharp rise in crude prices, with WTI rising more than 5%, as […]
Mumbai: The Indian rupee fell on Monday after a three-day rally against the US dollar, although it did not cross the 90 mark. The decline was driven by demand for dollars from local companies and pressure from the non-deliverable futures market, which offset recent intervention-led gains. The rupee closed at 89.65 per dollar, down 0.4% […]