Trump unleashes largest military build-up in Operation Epic Fury; US deploys ‘50,000 troops, 200 fighters’ in Iran war

The US Central Command (CENTCOM) dropped an update about United States’ Operation Epic Fury in Iran. According to the latest statement, US struck nearly 2,000 targets across since the attacks began on Saturday, 28 February. CENTCOM chief Admiral Brad Cooper claimed that the US destroyed 17 Iranian ships, including a submarine. “More than 50,000 troops,…

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IOC, HPCL to BPCL: Brent crude tops $82/bbl — How rising crude oil prices can impact OMCs’ margins & earnings

Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL), and Bharat Petroleum Corporation (BPCL) — the state-run oil marketing companies (OMCs) — are likely to take a hit on auto fuel marketing margins if crude oil prices stay elevated in the near term. The US-Israel attacks on Iran and the counterattacks by Tehran have driven crude…

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