Markets experienced a second straight session of sharp and erratic price swings after US and Israeli attacks on Iran last weekend heightened geopolitical tensions. A key concern for investors is the risk of disruption to the Strait of Hormuz, a vital chokepoint that carries about a fifth of the world’s oil supply. Any sustained disruption […]
The Indian rupee, already Asia’s worst performing currency in FY26, lost 50 paise on Monday as Iranian attacks on major West Asian energy assets caused crude oil prices to rise by around 10% despite pledges from major global exporters to modestly increase production.The rupee closed below 91 to the dollar for the first time in […]
SYDNEY: Oil prices soared on Monday and stocks fell as the military conflict in the Middle East looked set to last for weeks, sending investors flocking to the relative safety of the dollar, gold and bonds. Brent rose 7.5% to $78.34 per barrel, while U.S. crude rose 7.3% to $71.88 per barrel. Gold rose 1.5% […]
Global oil prices have soared and stock futures have tumbled following the US and Israeli military strikes on Iran that killed Supreme Leader Ayatollah Ali Khamenei, prompting retaliatory strikes 00:14, March 2, 2026Updated 00:32, March 2, 2026 Smoke rises above a building hit in Tehran on Sunday(Image: Getty) Global oil prices have already risen following […]
Indian stock markets are expected to open a gap on Monday after Israel launched pre-emptive strikes on Iran on Saturday after the US and the West Asian country failed to settle their differences over the nuclear deal.President Donald Trump called it a “major combat operation in Iran” in a video release on social media after […]
Oil prices rose about 3% on Friday as traders remained alert to possible supply disruptions after the United States and Iran extended nuclear talks.Brent crude futures rose $2.13, or 3%, to $72.88 a barrel by 1328 GMT, while US West Texas Intermediate crude rose $2.31, or 3.5%, to $67.52. The Brent and WTI benchmarks were […]
Oil prices hovered around a seven-month high on Wednesday as the threat of a military conflict between the US and Iran that could disrupt supply continues to worry investors even as talks between the sides are scheduled for Thursday. Brent futures were trading at $71.22 a barrel, up 45 cents, or 0.64%, at 0140 GMT. […]
Oil prices hovered below a nearly seven-month high on Tuesday as traders assessed the prospects for US-Iran nuclear talks amid heightened tensions in the Middle East, while also weighing uncertainty around US trade policy. Brent crude futures fell 9 cents, or 0.1%, to $71.40 a barrel by 01:20 GMT, after a volatile session on Monday […]
Oil prices fell 1% on Monday as the US and Iran moved towards a third round of nuclear talks, easing concerns about a potential conflict, while President Donald Trump created uncertainty for global growth and fuel demand with a new round of tariff hikes. Brent crude futures were down 75 cents, or 1.05%, at $71.01 […]
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 […]