Gold prices today: The yellow metal fell on Monday as rising energy prices and inflation concerns reduced expectations of US interest-rate cuts, while the conflict involving the US, Israel and Iran continued to escalate. MCX gold rate for April futures contracts opened lower by ₹1,225, or 0.77%, at ₹1,57,241 per 10 grams as against its…
A top aide to President Donald Trump said the Pentagon estimates the Iran war, now in its third week, would take between four and six weeks. Kevin Hassett, head of the White House’s National Economic Council, offered the timeline along with a caveat that the ultimate decision on when the war will conclude lies with…
Emerging-market assets are heading for their second week of losses as the Middle East crisis shows no signs of abating and concerns grow over the impact of high oil prices. The MSCI Emerging Markets Index fell as much as 1.7% on Friday and was heading for a weekly loss of more than 2%. Currencies, meanwhile,…
(Updates to US afternoon, adds quotes, recasts second paragraph) * US consumer prices increase moderately before Iran conflict * Oil prices rise as supply fears persist * Aussie higher, supported by expectations for RBA hike NEW YORK, March 11 (Reuters) – The dollar strengthened against the euro and the yen on Wednesday as investors remain…
The ongoing war involving Iran has almost brought tanker traffic through the Strait of Hormuz to a standstill, causing sharp swings in oil prices and underlining how crucial the narrow waterway is for global energy supplies, as reported by AP. Tehran’s Revolutionary Guards have vowed to block oil exports through the strait, saying they will…
Iranian drone attacks could disrupt the Strait of Hormuz for months, but how long the Islamic Republic could sustain its missile barrage is less clear, according to intelligence sources and military analysts. Since the US and Israel attacked Iran on Saturday, Iran has launched hundreds of missiles and more than 1,000 drones at Gulf states…
A senior figure within Iran’s Islamic Revolutionary Guard Corps has declared the Strait of Hormuz closed and threatened to ignite any vessel attempting passage, dramatically escalating fears of a global energy shock amid intensifying hostilities in the Middle East. The warning, issued as oil and gas markets convulsed, signals Tehran’s willingness to weaponise one of…
Amid the ongoing conflict in the Middle East, US President Donald Trump on Monday said that a “big wave” in the Iran conflict is yet to come, as reported by CNN. “We’re knocking the crap out of them,” Trump told CNN’s Jake Tapper. “I think it’s going very well. It’s very powerful. We’ve got the…
Commercial LPG Cylinder Price Hike: Even before the presentation of Budget 2026, the government has shocked the common people and businessmen. The government has increased the price of 19 kg commercial LPG cylinder by Rs 50. However, there has been no change in the prices of 14 kg domestic LPG cylinder. Domestic cylinders are still…
