Asian markets plunged up to 6% on Monday as surging crude oil prices due to the war in the Middle East lead to a sharp sell-off in risky assets. Oil prices breached $100 per barrel for the first time since 2022. Japan’s Nikkei 225 tumbled 6.22% and fell below the 53,000 mark for the first…
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…
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…
