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…
The war going on between America, Israel and Iran is now being seen in many other countries of the world. Due to this war, Dubai International Airport has been closed. In such a situation, many Indian people and celebs are also stranded there. However, no impact of this war is visible on India right now….
A big statement from US President Donald Trump has come out amidst the ongoing attacks on Iran. He said that he is not ruling out sending American troops to Iran if needed. He said that the war is going ahead of schedule. ‘Will not hesitate to send army’ According to the New York Post report,…
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…
European stock markets declined across the board on Monday as rising military conflict in the Middle East spooked investors globally. Many indices, including Paris and Frankfurt, slipped more than two percent. Travel and leisure stocks fell the most, while energy and defense stocks jumped. The pan-European STOXX 600 dropped 1.8% to its lowest since mid-February…
Global defense stocks witnessed sharp gains on Monday, March 2, as escalating hostilities between the United States and Iran triggered renewed investor interest in military and aerospace names. While broader equity markets turned volatile, defense stocks emerged as clear outperformers. The rally was driven by expectations that prolonged geopolitical tension could lead to higher defense…
Saudi Arabia’s state oil company Saudi Aramco has temporarily closed its largest refinery ‘Ras Tanura’ today. This decision was taken after an attempted drone attack, which caused a small fire in the area. According to the Saudi Defense Ministry and industry sources, the situation is now under control, there were no deaths and the fire…
A new chapter has been added to Israel’s defense technology. Recently, during the Iran-Israel war, Israel used the high-power laser system named ‘Iron Beam’ for the first time in a real war. This system is destroying rockets fired by Hezbollah from Lebanon in the air itself. But what is an iron beam? How does it…
These days, there is a very tense atmosphere in the Middle East after the military action between the United States, Israel and Iran. Meanwhile, Sonal Chauhan, who is stuck in Dubai, has issued a public statement confirming that she is safe. This clarification of hers has come a day after she had actually told that…
stock market today: The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday as tensions escalate in the Middle East following US and Israeli strikes on Iran and the Islamic Republic’s retaliatory attacks across the region. Trends in Gift Nifty also point to a gap-down opening for the…
