US-Iran war: Oil prices advanced on Monday, March 16, as investors refocused on potential risks to Middle East energy infrastructure, even after US President Donald Trump urged nations to help protect the Strait of Hormuz, a key passage for global oil shipments. Brent crude futures rose $1.27, or 1.2%, to $104.41 a barrel, following a…
Indian stock market: The Indian stock market remained under heavy selling pressure for the third straight session on Friday, March 13, with benchmark indices the Sensex and the Nifty 50 declining about 2% each. The Sensex fell 1,471 points, or 1.93%, to close at 74,563.92, while the Nifty 50 dropped 488 points, or 2.06%, to…
US-Iran war: Oil prices saw a significant correction on Tuesday, March 10, after reaching their highest level in more than three years in the previous session, as US President Donald Trump suggested that the conflict in the Middle East could end soon, easing fears of prolonged disruptions to global crude supplies. Brent crude futures dropped…
US-Iran war: Crude oil prices surpassed $100 a barrel for the first time since 2022. Meanwhile, safe haven assets gold and silver rates today crashed up to 3% on Monday, March 9, amid escalating tensions in the Middle East. Brent crude oil climbed 15% to around $107 per barrel, extending last week’s sharp 28% rally….
Indian stock market: After posting strong gains of over 1% each in the previous session, the domestic benchmark indices — the Sensex and the Nifty 50 — resumed their decline on Friday, March 6, as investors booked profits amid ongoing concerns over the US-Iran conflict, a surge in crude oil prices, and continued heavy foreign…
US-Iran war: Oil prices jumped more than 3% on Thursday, extending their rally as the escalating US–Israeli conflict with Iran disrupted crude flows to key importers. Brent crude climbed $2.65, or 3.26%, to $83.99 per barrel, marking its fifth consecutive session of gains. Meanwhile, US West Texas Intermediate (WTI) crude rose $2.76, or 3.70%, to…
Foreign Institutional Investors (FIIs) sold off shares amounting to ₹12,048.29 crore over the initial two days of March in the cash market due to increasing tensions in West Asia. On Wednesday, March 4 FIIs offloaded equities worth ₹8,752.65 crore, while domestic institutional investors (DIIs) purchased stocks worth ₹12,068.17 crore, as per data from the exchange….
US-Iran war: Oil prices extended gains to a third straight session on Tuesday, March 3, as the escalating conflict between the US and Israel with Iran, along with threats to shipping via the Strait of Hormuz, which stoked concerns over potential supply disruptions from the crucial Middle East oil-producing region. Brent crude futures climbed to…
The US stock market is liekly to open with sharp cuts in Monday’s trading session, March 2, as the futures of three key averages, including the S&P 500, Dow Jones Industrial Average, and Nasdaq, are trading lower by 1%, 1.1%, and 1.4%, respectively, in pre-market trade, amid ongoing conflict in the Middle East drives investors…
US-Iran war: Oil prices surged on Monday after US and Israeli strikes on Iran, along with Tehran’s retaliatory attacks, disrupted the global energy supply chain. The spike in crude oil prices is emerging as a key risk not only for the Indian economy but also its oil marketing companies (OMCs) as the nation imports a…
