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IRAN OIL MARKET UPDATE
Iran Oil Minister Mohsen Paknejad resigns: State mediaIran's Oil Minister Mohsen Paknejad has resigned, with NIOC chief Hamid Bovard set to serve as acting minister.
Explainer: Who are the Houthis, Iran's allies in Yemen?Yemen's Saudi-backed government has initiated a military counteroffensive against the Iran-backed Houthis, seeking to recover lost territor...
Trump says Iran has been ‘decimated’, warns will decide on Tehran the ‘easy’ or ‘hard’ wayUS President Donald Trump indicated a decision regarding Iran will be made soon, emphasizing potential outcomes. He highlighted that Iran i...
Trump says Iran was weeks away from nuclear weapon, defends US actionIran is reportedly just weeks away from having a nuclear weapon, which concerns global leaders. US President Donald Trump highlighted the u...
Global markets rattled as bond yields surge, offsetting AI-stock optimismGlobal bond market volatility led to declines in stock indexes, with the S&P 500 on track for consistent losses. Oil prices rose, contribut...
Iran readies harder retaliation if attacked as diplomacy faces long oddsIran is intensifying its military response planning amid fears of US military escalation in the region. Senior commanders are considering b...
Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
Explained: How the US controls Iraq's oil revenuesUS troops are set to leave their last bases in Iraq, but Washington will retain significant economic leverage through Iraq’s oil revenues, ...
Oil Price Today (September 30): Crude oil at $104 as Trump rejects easing Iran sanctions. What are experts saying?Brent crude futures rose $1.14, or 1.11%, to $103.73, while US West Texas Intermediate crude gained 15 cents, or 0.30%, to $89.50 a barrel....
Oil climbs after Trump denies he is willing to ease sanctions on IranOil prices surged following US President Donald Trump's clear stance of not easing sanctions on Iran. Meanwhile, Qatar voiced optimism for ...
India flags US sanctions law concerns over bilateral ties, energy marketForeign Secretary Vikram Misri met a US Congressional delegation led by Brian Mast in New Delhi. Misri conveyed concerns regarding the impl...
Global Market: ECB's Lagarde says eurozone inflation has yet to trigger second-round effectsEuropean Central Bank President Christine Lagarde highlighted rising Eurozone inflation linked to increased energy prices. While inflation ...
Why is market falling today? Sensex slumps 700 points, Nifty below 22,600. 8 key factors rattling D-StreetStock market Down Today: On Tuesday, the Indian stock market faced a substantial downturn. This sharp decline came after a previous drop ex...
Oil Price Today (September 29): Crude oil rises to $107 as US-Iran deal stalemate ups supply fears. $120 in sight?Brent crude futures were up $1.65, or 1.57%, at $107 a barrel, while US West Texas Intermediate crude rose $1.29, or 1.40%, to $94 a barrel.
Market rout deepens as crude surge, high US yields batter Indian equitiesThe Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The...
US, Iran hold separate talks with mediators as push to end seven-month war resumesUS and Iranian officials are participating in renewed efforts to negotiate a ceasefire to end the ongoing conflict. Recently, Iran proposed...
Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
Gold prices dip Rs 3,200/10 gram; silver falls Rs 6,700/kg as high oil prices raise rate hike bets. Time to sell?Gold and silver prices fell sharply on MCX as rising oil prices fuelled inflation concerns and boosted expectations of further US rate hike...
Global Market Today: Asian shares subdued as rising oil fuels rate hike concernsMSCI’s gauge of Asian stocks opened slightly lower with South Korea’s benchmark slipping as markets returned from a holiday, while Japanese...
Why did market crash today? Sensex plummets 1,248 points, Nifty ends below 23,100. 5 factors behind today's D-Street bloodbathSensex Nifty Crash Today: The Indian stock market took a significant hit as both Sensex and Nifty posted sharp declines. This downturn is l...