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Tag: rising oil prices

Stock markets slump in early trade on surging oil prices amid escalation in tensions in West Asia

Posted on May 18, 2026 By admin
Stock markets slump in early trade on surging oil prices amid escalation in tensions in West Asia

A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty tumbled in early trade on Monday (May 18, 2026) amid surging oil prices, weak global market trends after fresh escalation in tensions in West Asia. A drone attack targeted the Barakah nuclear facility in the United Arab…

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Business

Rupee falls 11 paise to 94.27 against U.S. dollar

Posted on April 27, 2026 By admin
Rupee falls 11 paise to 94.27 against U.S. dollar

Indian rupee has hit a rough patch, falling for five consecutive sessions. File | Photo Credit: PTI The rupee depreciated 11 paise to 94.27 against U.S. dollar in early trade on Monday (April 27, 2026) driven by persistent dollar demand and a broader shift toward safe-haven assets. Forex traders said the Indian rupee has hit…

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Business

Trump says U.S. will have Strait of Hormuz ‘open fairly soon’

Posted on April 10, 2026 By admin
Trump says U.S. will have Strait of Hormuz ‘open fairly soon’

U.S. President Donald Trump disembarks Air Force One, in Charlottesville, Virginia, U.S., April 10, 2026. | Photo Credit: Reuters U.S. President Donald Trump told reporters ‌on Friday (April 10, 2026) that the U.S. will have ​the Strait of Hormuz “open fairly soon” ⁠but did not elaborate and acknowledged that it will not be an easy…

Read More “Trump says U.S. will have Strait of Hormuz ‘open fairly soon’” »

World

Macron to host G7 leaders call on Iran crisis, energy prices

Posted on March 11, 2026 By admin
Macron to host G7 leaders call on Iran crisis, energy prices

France’s President Emmanuel Macron | Photo Credit: via Reuters French ​President Emmanuel Macron will convene a call ‌with leaders of the Group ​of Seven on Wednesday (March 11, 2026) to ⁠discuss the Iran crisis and rising energy prices, the French president’s office said. The ‌talks come as G7 governments weigh how to respond ‌to a…

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World

Rupee weakens 12 paise to settle at 86.52 against U.S. dollar

Posted on July 25, 2025 By admin
Rupee weakens 12 paise to settle at 86.52 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Reuters The rupee declined 12 paise to settle at 86.52 (provisional) against the U.S. dollar on Friday (July 25, 2025), tracking negative domestic equity markets and surging global crude oil prices. A strengthening American currency overseas and foreign fund outflows further weighed on the local unit,…

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