The direct impact of the increasing conflict in the Middle East is visible on the Strait of Hormuz. Earlier this waterway was an important trade route of the world, now it has become a high risk zone. In the last few days, there have been drone and missile attacks on many ships here. Some tankers…
The Indian government bonds traded lower on Monday, after the crude oil prices jumped amid escalating military conflict in the Middle East, following the US and Israel’s strikes on Iran, weighing on investors’ risk appetite. The benchmark 6.48% 2035 bond yield rose to 6.6894%, after ending at 6.6601% on Friday. Bond yields move inversely 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…
Global airline stocks such as Hong Kong’s Cathay Pacific, Malaysia’s AirAsia The Middle East conflict not only led to a spike in crude oil prices — a key input cost for the airlines — but also caused travel disruptions, forcing air closures and cancellations of flights as key Middle Eastern hubs, including Dubai and Doha,…
Paint stocks, including Berger Paints, Asian Paints, and Kansai Nerolac, were trading with deep losses in Monday’s session, March 2, reflecting broader market weakness as tensions in the Middle East escalated following unprecedented joint US and Israeli strikes on Iran over the weekend, triggering a sharp jump in crude oil prices. Rising crude oil prices…
Indian aviation stocks have fallen today, March 2, mainly due to increasing geopolitical tensions in the Middle East impacting crude oil prices. InterGlobe Aviation (IndiGo) shares have witnessed a fall by over 5%, while SpiceJet shares are down close to 4% in early trading as the ongoing conflict affects key transit points and raises worries…
US-Iran War: Silver prices moved sharply on Monday as geopolitical tensions escalated after the United States and Israel carried out extensive military strikes on Iran, reportedly killing Supreme Leader Ayatollah Ali Khamenei. The development triggered fresh uncertainty across global financial markets and drove volatility in commodities. The conflict intensified over the weekend after coordinated strikes…
Stock Market Today LIVE: The Indian stock market is expected to open lower on Monday, amid the escalating war in the Middle East after the US and Israeli strikes on Iran killed Iran’s Supreme Leader Ayatollah Ali Khamenei. The trends on Gift Nifty also signals a negative start for the benchmark indices, Nifty 50 and…
Crude Oil Prices LIVE: Crude oil prices jumped over 7% to multi-months high levels on Monday as war in the Middle East escalated, following US and Israeli military strikes on Iran, with the vital Strait of Hormuz effectively shut, several tankers damaged and shipments disrupted from the key producing region. Brent crude futures prices surged…
