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Tag: Oil Prices

Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz

Posted on September 14, 2026 By admin
Oil prices jump more than  after new strikes on Saudi, Strait of Hormuz

Image used for representative purpose only. | Photo Credit: Reuters Oil prices rose ​more than $3 a barrel at the market open ‌on Monday, after new strikes on Saudi Arabia ​and on ships in the Gulf ⁠on Sunday (September 13, 2026). Brent crude futures rose $3.62, or 3.46%, to $108.23 per barrel as of 2214…

Read More “Oil prices jump more than $3 after new strikes on Saudi, Strait of Hormuz” »

World

Oil hits one-month high as U.S., Iran step up attacks in Strait of Hormuz

Posted on July 14, 2026 By admin
Oil hits one-month high as U.S., Iran step up attacks in Strait of Hormuz

Brent crude futures were last up $1.50, or 1.8%, to $84.80 per barrel ‌at 0330 GMT, while U.S. West Texas Intermediate crude rose $1.70, or 2.2%, to $79.84 a barrel. File. | Photo Credit: Reuters Oil prices rose nearly 3% on Tuesday (July 14, 2026) to ​their highest in four weeks, as the U.S. reimposed…

Read More “Oil hits one-month high as U.S., Iran step up attacks in Strait of Hormuz” »

Business

Price of peace in the time of war

Posted on July 10, 2026 By admin
Price of peace in the time of war

“Jaldi neeche aao, aag aa gayi [Come down fast, there’s a fire],” screamed a sailor in an SOS video sent from the oil tanker Marivex that took fire from the U.S. forces on June 8 in the Gulf of Oman. Two days later, “precision munitions” fired by the U.S. ripped through the vessel Settebello and…

Read More “Price of peace in the time of war” »

World

Stock markets tumble over 2% on escalating U.S.-Iran tensions, sharp surge in oil prices

Posted on July 8, 2026 By admin
Stock markets tumble over 2% on escalating U.S.-Iran tensions, sharp surge in oil prices

All the 30-Sensex firms were trading in the red. File (Image for representational purpose only) | Photo Credit: ANI Equity benchmark indices Sensex and Nifty fell sharply by over 2% during the fag-end of the trade on Wednesday (July 8, 2026) amid reports that the U.S. President Donald Trump said the interim agreement with Iran is…

Read More “Stock markets tumble over 2% on escalating U.S.-Iran tensions, sharp surge in oil prices” »

Business

Evident distress: On a war, Index of Eight Core Industries data, indicators

Posted on June 23, 2026 By admin
Evident distress: On a war, Index of Eight Core Industries data, indicators

As the resolution process of the West Asia crisis drags on, an increasing number of economic metrics are exposing key weaknesses in the Indian economy. Many of these existed before the crisis broke out in late February and are now becoming apparent as the economy faces stress. The latest data on the Index of Eight…

Read More “Evident distress: On a war, Index of Eight Core Industries data, indicators” »

Business

Oil prices rise more than $2 on Israel strikes on Lebanon

Posted on June 8, 2026 By admin
Oil prices rise more than  on Israel strikes on Lebanon

Emergency personnel work at the site of an Israeli strike on the southern suburbs of Beirut, Lebanon on June 7, 2026. | Photo Credit: Reuters Oil ⁠prices were up more than $2 a barrel on Monday (June 8, 2026) after Israel on Sunday (June 7) launched renewed strikes on Lebanon despite a truce between the…

Read More “Oil prices rise more than $2 on Israel strikes on Lebanon” »

World

Oil prices fall amid Trump’s talks with Iran

Posted on June 2, 2026 By admin
Oil prices fall amid Trump’s talks with Iran

U.S. President Donald Trump. File | Photo Credit: Reuters Oil prices trended lower on Tuesday (June 2, 2026) following the previous session’s sharp gains as the ‌market remained cautious about progress in U.S.-Iran peace talks. U.S. President Donald Trump ​said on Monday (June 1, 2026) talks with Iran were ongoing, while Tasnim news ⁠agency reported…

Read More “Oil prices fall amid Trump’s talks with Iran” »

Business

Asian shares mixed, oil jumps 4% after Donald Trump rejects Iran’s response to ceasefire proposal

Posted on May 11, 2026 By admin
Asian shares mixed, oil jumps 4% after Donald Trump rejects Iran’s response to ceasefire proposal

Technology-related stocks and growing artificial intelligence-related interest have supported markets in Japan and South Korea despite the Iran war, with the Nikkei 225 and Kospi rising more than 10% and 30%, respectively, over the past month. | Photo Credit: AP Asian stocks were mixed on Monday (May 11, 2026) after Wall Street set more records,…

Read More “Asian shares mixed, oil jumps 4% after Donald Trump rejects Iran’s response to ceasefire proposal” »

Business

Stock markets rally as oil prices decline amid progress in U.S.-Iran talks; Sensex jumps 940 points

Posted on May 6, 2026 By admin
Stock markets rally as oil prices decline amid progress in U.S.-Iran talks; Sensex jumps 940 points

Benchmark Sensex rallied by 940 points on Wednesday (May 6, 2026) following a sharp decline in crude oil prices after U.S. President Donald Trump claimed progress in negotiations with Iran towards an agreement to end the war. Helped by fag-end heavy buying, the 30-share BSE Sensex jumped 940.73 points, or 1.22%, to settle at 77,958.52….

Read More “Stock markets rally as oil prices decline amid progress in U.S.-Iran talks; Sensex jumps 940 points” »

Business

India slams attacks on UNIFIL soldiers, does not name Israel

Posted on April 2, 2026 By admin
India slams attacks on UNIFIL soldiers, does not name Israel

MEA spokesperson Randhir Jaiswal briefs on West Asia crisis amid Donald Trump escalation. The Ministry of External Affairs (MEA) on Thursday (April 2, 2026) emphasised the importance of safeguarding UN Peacekeepers while advocating for accountability amid rising tensions in West Asia. “India has been playing an important role in UN Peacekeeping Operations,” said MEA spokesperson…

Read More “India slams attacks on UNIFIL soldiers, does not name Israel” »

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