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US–Iran tensions fan energy costs, leave tile makers walking a tightrope

Buzz line1 month ago01 mins

“Currently, the UAE accounts for 7.6% of India’s ceramic tile exports, the highest share for any single country. We believe a similar opportunity could emerge following FTAs ​​signed with the UK, Oman, and the European Union, which currently account for 4.9%, 1.8%, and 12.3%, respectively, of India’s ceramic tile exports,” the brokerage report said. Source

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Oil prices little changed in choppy trade as traders follow US, Iran talks

Buzz line2 months ago05 mins

HOUSTON, Feb 26 (Reuters) – Oil prices were little changed in choppy trade on Thursday as investors tracked developments in talks between the US and Iran over the OPEC member’s nuclear program, weighing potential supply concerns if hostilities escalate. Brent crude futures were up 28 cents, or 0.4%, at $71.13 a barrel by 1:54 pm…

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