oil prices

New Delhi, March 23 Crude oil prices reversed early gains on Monday, hitting the lower circuit after declining by 9 per cent to Rs 8,431 per barrel in futures trading, following US President Donald Trump's announcement of a temporary halt to military strikes on Iran's energy infrastructure.On...

Mumbai, March 23 – The benchmark indices Sensex and Nifty plunged on Monday, in line with a very weak trend in global markets as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, coupled with relentless foreign fund outflows and weakness in the...

Mumbai, March 23 The benchmark indices Sensex and Nifty plummeted on Monday, in line with a very weak trend in global markets, as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, which has entered its fourth week, relentless foreign fund...

March 23, New Delhi: Indian stocks opened lower on Monday, following a broad risk-off move across Asia as escalating tensions in West Asia kept oil prices elevated.The Nifty 50 fell 2.3% to 22,579, while the BSE Sensex lost almost 2% to 72,826. All 16 major sectors declined, with broader...

March 23, New Delhi: Markets across Asia plunged on Monday following trade threats between the US and Iran.Stock markets in Australia and New Zealand were down 1.7% and 1.1%, respectively, in early trading. Japan's Nikkei fell 3.5% to 51,514.78, while the broader Topix dropped 2.86% to...

Washington, March 22 – US Transportation Secretary Sean Duffy has warned that the ongoing conflict with Iran is driving up fuel and travel costs, saying that the rising cost burden is now affecting American consumers even as supply chains remain stable.In an interview on ABC News’ This Week...

Washington, March 22: India’s economic momentum is facing a fresh challenge as the ongoing US-Israeli conflict with Iran disrupts its deep-rooted ties with the Gulf, a key pillar of trade, energy supplies, and remittances, according to a report in The New York Times.Just weeks ago, India...

Gandhinagar, March 21 The recent increase in bulk diesel prices has been withdrawn for Gujarat's fishermen after the state approached the Centre, Fisheries Minister Jitu Vaghani said on Saturday.The Gujarat government had urged the Centre to provide relief to the fisheries sector by...

Moscow, March 21 – European politicians are deliberately plunging their countries into crisis and darkness by continuing to reject Russian energy resources, the Russian Foreign Ministry spokesperson said on Friday."It is not a technical disaster or any natural catastrophe that is causing the...

Washington, March 21 – On Friday night, the United States issued a narrow, short-term authorization allowing the sale of Iranian oil that is currently stranded at sea. The Trump administration says this move will quickly boost global supply while maintaining pressure on Tehran, according to the...

March 21, New Delhi – The Trump administration granted a 30-day waiver on sanctions related to the purchase of Iranian oil at sea on Friday, marking its latest effort to ease rising oil prices.U.S. Treasury Secretary Scott Besant said in a post on X that the waiver would release around 140...

Washington, March 21 – The United States has announced a 30-day sanctions waiver allowing the sale of Iranian oil currently stranded at sea, in a move aimed at easing mounting pressure on global energy supplies triggered by the ongoing conflict with Iran.Speaking on X, US Treasury Secretary...

New Delhi, March 21 The damage being inflicted on the combatants, the neighborhood, and the wider region, including to India, due to the West Asia conflict has "crossed all acceptable limits" and it must be stopped, Congress leader Shashi Tharoor has said.Interacting with reporters on the...

Mumbai, March 20 Benchmark stock indices Sensex and Nifty gave up most of their intra-day gains to end nearly half a per cent higher on Friday, following intense buying in PSU bank, IT, and metal stocks amid concerns over further spikes in fuel-driven inflation.In another volatile session, the...

New Delhi, March 20 – Economic fragility in Pakistan has reached a critical stage following the US-Israel war with Iran, due to the drastic increase in oil prices and the widening trade gap, according to a report by a Pakistani media outlet.In terms of per capita income, economic growth rate...

New Delhi, March 20 Crude oil prices declined by Rs 190 to Rs 8,808 per barrel in futures trading on Friday as traders weighed the prospects of additional Iranian supply despite lingering geopolitical tensions in West Asia.On the Multi Commodity Exchange, crude oil for the April delivery ended...

March 20, New Delhi — Prices for oil and fuel cargoes have surged to record highs as supplies from the West Asia region remain severely restricted on the 21st day of the Iran war.Rising oil prices in physical markets—the trading hubs for oil transported by ships, rail cars, or stored in...

Mumbai, March 20 The rupee plunged by 60 paise to a fresh intra-day low of 93.49 against the US dollar on Friday as the greenback further strengthened and net outflows from Foreign Institutional Investors (FIIs) continued, amid the ongoing conflict in West Asia.Rising global crude oil prices...

Mumbai, March 20 The benchmark indices, Sensex and Nifty, rebounded in early trading on Friday after experiencing a significant decline in the previous session, driven by a slight decrease in crude oil prices.The 30-share BSE Sensex rose by 976.77 points to 75,184.01 in early trading. The...

Washington, March 20 – Rising costs of the Iran war and its impact on global markets are deepening divisions in Congress, with Republicans and Democrats questioning the scale and purpose of a proposed funding request that could exceed $200 billion, according to multiple US media reports.The...