Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
Oil Price Today (June 19): Crude oil falls, heads for 9% weekly loss as shipping in Hormuz Strait begins. What are experts saying?Brent crude slipped toward $79 a barrel and is down more than 9% for the week. West Texas Intermediate for August was trading near $76 a ba...
Global Market Today: Asian stocks hit record highs, oil heads for weekly lossAsian stocks reached a record high, fueled by optimism that the reopening of the Strait of Hormuz will normalize oil flows and ease inflati...
IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
Vedanta Aluminium shares tumble 14% in 3 days since listing. What’s dampening the shine of Vedanta’s new crown jewel?Vedanta Aluminium shares hit the 5% lower circuit for a third straight session on Wednesday, extending their post-listing decline to 14%. S...
Oil tankers u-turn, head back to Middle East as Hormuz reopening nearsIn a strategic pivot, two oil tankers are heading toward the Middle East in expectation of the Strait of Hormuz’s reopening. Shipowners are...
Oil Price Today (June 17): Crude oil dips below $80, near 3-month low ahead of US-Iran agreement. Will liquid gold fall more?The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability...
India may take a leaf from China's book for oil poolIndia may adopt a China-like strategy for its oil reserves. Refiners could be required to hold significantly more crude oil. This move aims...
Hindalco, NALCO, Vedanta Aluminium shares crash up to 6% as aluminium prices drop on US-Iran peace dealIndian aluminium stocks saw a sharp decline today. This happened as aluminium prices crashed significantly. The drop followed news of an Ir...
US Stock Market: Energy stocks slide as oil prices tumble on US-Iran peace breakthroughUS energy stocks tumbled Monday as crude oil prices plunged following a breakthrough US-Iran agreement to end hostilities and stabilize glo...
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal frameworkCrude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and ...
Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
Strait of Hormuz reopening to ease oil supply risks for India as US-Iran reach truce dealA "toll free" reopening of the Strait of Hormuz, following a US-Iran ceasefire agreement, promises significant relief for India's crude oil...
Asian stocks rally on Gulf breakthrough hopes, oil hits two-month lowsAsian stocks rallied on hopes of a Middle East peace deal, tempering inflation fears as oil prices fell to two-month lows. The market also ...
Market wrap: Sensex falls 151 points, Nifty closes below 23,200; Infosys, Adani Ports among top losersIndian stock markets faced sharp movements on Thursday, closing lower. The Sensex and Nifty declined as rising Iran-US conflict spooked inv...
Gulf countries act as propellants for SpaceX IPO as billions flow inSaudi Arabia's Public Investment Fund and Kuwait Investment Authority have each placed orders for shares worth $1 billion to $5 billion, th...