The Middle East is on the boil and concerns are emerging about what this could mean for India. New Delhi imports almost 88% of its crude oil needs, so any disruption to global supplies could quickly increase oil bills and fuel inflation. New security concerns around the Strait of Hormuz have already caused global crude […]
Oil prices rose as much as 12% on Monday to their highest level in months as Iran and Israel intensified attacks in the Middle East, damaging tankers and disrupting shipments from the crucial oil-producing region.Brent crude futures rose to $82.37, the highest since January 2025, in the first trading session after the US and Israel […]
Nifty ended the week with a gain of 0.4%, supported by buying in financials and metals. With trading in domestic markets set to resume on Monday, a host of key events throughout the week are likely to impact investor sentiment.The 50-stock index rose 117 points, or 0.46%, on Friday to close at 25,571. Rupak De, […]
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 […]