Daily Headlinez Top News Updates
Crude prices surged to their highest levels since 2022 on Wednesday while investors awaited the Federal Reserve’s policy decision later in the day.Brent crude for June delivery jumped 7.3 per cent to $119.34 a barrel by 1:15 pm Eastern time and touched an intraday high of $119.76. Brent for July delivery, where more active trading…
Rupee began the week in red, tumbling 48 paise to 93.31 against US dollar in early trade on Monday. This comes as geopolitical tensions around the Middle East continue to intensify and oil prices once again skyrocket beyond the $100 per barrel mark.Investor mood turned cautious after the ceasefire that had supported markets last week…
Oil prices cooled down on Friday, after US signalled negotiations with Iran were ‘going very well’ and pushed the deadline with the country for 10 days. Both benchmarks, Brent crude and West Texas Intermediate (WTI) were down 2%. Brent crude touched $108 per barrel before easing to $105.75 per barrel, down 2.08%. West Texas Intermediate…
Donald Trump paused planned strikes on Iran for five days after “productive” talks. Iran claimed Trump “backed down,” while Brent crude fell sharply below $100. PM Modi said the Middle East war has created unprecedented challenges for India. A second suspected “zombie ship” was reported crossing the Strait of Hormuz. Indian markets crashed as oil…
Global oil and natural gas prices surged sharply on Thursday after Iran launched fresh strikes on key energy infrastructure across the Gulf, including Qatar’s main liquefied natural gas (LNG) facility, raising concerns over prolonged supply disruptions.Brent crude, the international benchmark, climbed close to $114 per barrel, up from below $73 on the eve of the…
Global oil prices surged and equity markets weakened on Friday after fresh strikes on energy infrastructure in Iran and in retaliation Islamic Republic escalating threats to key facilities across the Gulf raised concerns over supply disruptions.Natural gas prices increased by more than 5%, while Brent crude rose to $111.19 in early trading and extended its…
US President Donald Trump on Wednesday (local time) said that the United States would tap its strategic oil reserves to help reduce fuel prices as global energy markets reel from the escalating Middle East conflict.“We’ll do that, and then we’ll fill it up,” Trump said about releasing crude from the US strategic reserve. “Right now,…
Indian rupee declined by 8 paise to end at 89.53 against the US dollar on Monday, weighed down by heightened demand for the dollar and concerns over the widening trade deficit. Forex traders said limited intervention by the central bank and delays in the India–US trade deal have also contributed to the rupee’s ongoing weakness.At…
