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MIDDLE EAST ENERGY RECOVERY
India eyes oil exploration expansion after Middle East war shortagesIn response to a critical energy supply crisis, India is ramping up its efforts in domestic crude exploration. The country, known for its r...- OPEC+ tipped to raise quotas again as Middle East calmsSeven OPEC+ nations, including Saudi Arabia and Russia, are poised to increase oil production quotas for August, aiming to recover from dis...
- Iran to impose new service fees in Hormuz, reserves special treatment for 'friendly' nationsIran's ambassador to China announced new service fees for ships transiting the Strait of Hormuz, despite US objections. Ambassador Abdolrez...
- Bitcoin trades near $62,000; inflation, geopolitical risks remain key market driversBitcoin rebounded near $62,000 after recovering from last week's lows, supported by optimism over Federal Reserve policy. Ethereum and majo...
- Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
- India's Godrej Consumer expects volume-driven first-quarter revenue riseGodrej Consumer anticipates a robust first quarter, projecting high-teen consolidated revenue growth driven by solid underlying volume incr...
- Tata Motors PV shares in focus as Iran-US conflict impacts JLR volumes in Q1. What's ahead?Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conf...
- Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
- Euro zone inflation falls more than expected, adding to ECB case for patienceEuro zone inflation dropped significantly in June, falling to 2.8% and easing pressure on the European Central Bank to hike interest rates ...
- India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
- Australian shares slip on inflation concerns, miners top dragsThe benchmark S&P/ASX 200 index closed 0.5% lower at 8,778.70 on the final trading day of the current financial year. The index rose 3.5% f...
- Europe's STOXX 600 on track for biggest quarterly gain in over five years on AI boostEuropean markets are soaring, marking their best quarterly performance in over five years. Optimism surrounding artificial intelligence and...
- Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
- Gold slips as US-Iran tensions lift oil, US rate-hike bets weighGold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added fur...
- Gold price prediction: Why is gold rate down today? What to expect for bullion in July, AugustGold rate today down as oil prices rose following days of tit-for-tat strikes by the United States and Iran in the Middle East raising app...
- Oil climbs following renewed US, Iran strikes in Middle EastOil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of...
- Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
- International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
- Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
- India at start of a major recovery, foreign investors just beginning to return, says BlackRock's Ben PowellIndia's equity markets are poised for a significant rebound as foreign investors begin to re-evaluate the nation's growth prospects. BlackR...
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