Search For "oil prices"
Markets open marginally higher as crude eases; Nifty above 24,290, Sensex
Updated : 3 days, 1 hour ago IST
The domestic stock markets opened with modest gains on Wednesday as easing crude oil prices supported investor sentiment, even as geopolitical tensions in the Middle East continued to remain in focus.
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Sanjay Singh submits Rule 267 notice in Rajya Sabha; says West Asia confli
Updated : 4 days, 1 hour ago IST
The Aam Aadmi Party (AAP) MP has said that the ongoing conflict "poses serious risks" for India's trade, economy and energy security, as crude prices shot up due to uncertainty in maintaining safety over global shipping routes.
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"We're waiving certain oil-related sanctions": Trump moves to curb global
Updated : 4 days, 2 hours ago IST
US President Donald Trump suggested a temporary waiver of certain oil sanctions to curb soaring energy prices. He noted the US Navy could escort tankers through the Strait of Hormuz if necessary. This follows recent Treasury sanctions on Iran's "shadow fleet" used to fund military program
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Iran mocks US strikes as "Operation Epic Mistake", says Tehran "fully prep
Updated : 4 days, 11 hours ago IST
"9 days into Operation Epic Mistake, oil prices have doubled while all commodities are skyrocketing. We know the U.S. is plotting against our oil and nuclear sites in hopes of containing huge inflationary shock," Araghchi wrote.
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Strait of Hormuz disruption could raise oil prices further, inflation risk
Updated : 4 days, 18 hours ago IST
The escalating conflict in West Asia and disruption of flows through the Strait of Hormuz could have significant implications for India and the global economy, potentially pushing crude oil prices higher and adding to inflationary pressures, according to Anindya Banerjee, Head of Commodity a
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"$50 oil surge could wipe out 2% of India's GDP," warns Axis Bank's Neelka
Updated : 4 days, 19 hours ago IST
In an interview with ANI, Mishra highlighted that India's heavy reliance on imported "dense energy" makes it a primary target for global price volatility. "Every dollar increase per barrel costs approximately $1.8 billion annually. For instance, a $50 increase in oil prices represents a $90
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Rupee hits all-time low of 92.52 against US dollar amid surge in crude oil
Updated : 5 days ago IST
The Indian rupee opened at an all-time low against the US dollar on Monday amid a sharp surge in crude oil prices and rising demand for the greenback.
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Markets bleed as crude spikes, Nifty drops 582 pts, Sensex falls 1862 pts
Updated : 5 days, 1 hour ago IST
The share markets in the country opened with a bloodbath on Monday as both benchmark indices declined sharply in the opening session amid a huge surge in crude oil prices and heavy selling across global markets.
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Asian markets fall after crude surge, Japan's Nikkei and South Korea's KOS
Updated : 5 days, 1 hour ago IST
Asian markets tanked in the opening session on Monday, with Japan's Nikkei and South Korea's KOSPI falling around 7 per cent, after crude oil prices surged sharply amid escalating geopolitical tensions in West Asia.
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"Very small price to pay": Trump says short-term oil spike acceptable amid
Updated : 5 days, 3 hours ago IST
Amid surging global oil prices triggered by escalating conflict in West Asia, United States President Donald Trump said the "short-term" spike is worth the cost if it eliminates Tehran's nuclear threat.
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"We should be calling for de-escalation and diplomacy...": Congress MP Sha
Updated : 6 days, 12 hours ago IST
Congress MP Shashi Tharoor on Saturday urged for de-escalation in the US-Israel vs Iran conflict, saying that stability and calm should be restored as soon as possible.
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Prolonged West Asia conflict could slow down India's growth: SBI Research
Updated : 6 days, 21 hours ago IST
The ongoing conflict in West Asia could have multiple economic implications for India, particularly through higher oil prices, disruptions in energy supply routes, and potential impacts on remittances and trade, according to a new report by SBI Research. The report highlighted that while the
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