Oil Prices
- Middle East
US main focus is our oil, wants to partition Iran, says Tehran
Iran’s Foreign Ministry spokesperson Esmaeil Baghaei alleged that the United States’s only aim is to gain control over its oil and natural resources and divide the country. “They waged a war while…
- Middle East
Oil prices cross USD 83 per barrel as Middle East tensions escalate
New Delhi: Amid escalating Middle East tensions, crude oil prices went up more than 2 per cent on Thursday, March 5, over supply constraints as Strait of Hormuz was closed by Iran.…
- Middle East
What is Strait of Hormuz and why does its closure matter to global economy?
Kingston (Canada): The joint attack launched by the United States and Israel on Iran began on February 27 and has sparked a fast-moving conflict that could expand across the Middle East. Iran’s…
- Stock Market
Asian shares extend losses as the war with Iran widens
Bangkok: Asian shares fell further on Wednesday, March 4, after the global sell-off for stocks hit Wall Street, with South Korea’s benchmark plunging 8 per cent, while oil prices climbed even higher.…
- Business
Rupee slumps 69 paise to all-time low of 92.18 against US dollar
Mumbai: Rupee slumped 69 paise to an all-time low of 92.18 against the US dollar in early trade on Wednesday, March 4, as a sharp spike in crude oil prices amid geopolitical…
- India
No ship movement in Strait of Hormuz skyrockets oil prices
Frankfurt: Oil prices rose sharply on Monday, March 2, as disruptions to tanker traffic through the Strait of Hormuz chokepoint raised uncertainty about how US and Israeli attacks on Iran would affect…
- World
Oil prices rise sharply in market trading after attacks in Middle East
New York: Oil prices rose sharply when market trading began Sunday, as US and Israeli attacks on Iran and retaliatory strikes against Israel and US military installations around the Gulf sent disruptions…
- World
Oil prices rise sharply after Trump asks evacuation of Tehran
New Delhi: Oil prices rose sharply on Tuesday after US President Donald Trump called for the evacuation of Tehran, raising fears of a wider conflict in the Middle East. The prices jumped…
- Business
Oil prices jump as Middle East tensions escalate
New Delhi: Oil prices in the international market jumped further on Monday after the Mideast tensions escalated between Israel and Iran. Brent climbed as much as 5.5 percent before paring most gains…
- World
Israel’s attack on Iran sparks jump in global oil prices
New Delhi: Oil prices in the international market jumped by more than 9 per cent on Friday after Israel’s attack on Iran’s nuclear facilities and missile production sites led to a further…
- Business
Rupee surges 39 paise to 85.71 against US dollar in early trade
Mumbai: The rupee sustained its gaining momentum and jumped 39 paise to 85.71 against the US dollar in early trade on Tuesday, buoyed by a robust rally in domestic equity markets and…
- Business
India stands to gain as global oil prices decline to 8-month low
New Delhi: India, the world’s third-largest importer of crude oil, stands to gain as oil prices have fallen to an eitht-month low at $75.8 a barrel in the international market, with a…
- News
Rupee trades flat 83.49 against US dollar in early session
Mumbai: The rupee traded flat at 83.49 against the US currency in the early session on Tuesday amid losses in domestic equities and easing crude oil prices. At the interbank foreign exchange…
- Business
Large cap stocks impacted by FII selling
New Delhi: The performance of large cap stocks has been impacted by FIIs remaining net sellers in the market. Vinod Nair, Head of Research, Geojit Financial Services said the ongoing results season…
- Middle East
Oil prices stable despite Middle East tensions as demand wanes
New York: When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and…
