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MIDDLE EAST OIL PRICES
Why are oil prices down while gold and silver prices up today? Reasons behind crude oil fall, precious metals rally, analyst insights and market outlookWhy are oil prices down while gold and silver prices up today? Oil prices fell to a three-month low as hopes grew that the Strait of Hormuz...- IEA says 'unconditionally' re-opening Hormuz vital to end energy crisisThe head of the International Energy Agency stressed that fully reopening the Strait of Hormuz is crucial for global economic stability. Re...
- G7 leaders open summit talks on Ukraine and the Middle East as Zelenskyy joins in FranceLeaders at the G7 summit face a packed agenda. Discussions will focus on ending Russia's war in Ukraine and addressing the Middle East cris...
- US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers?A US-Iran peace deal is expected to ease oil supply risks, pushing crude prices lower. Nomura sees OMCs, CGDs, and Petronet LNG as key bene...
- Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
- 'Pyrrhic victory': Iran war leaves no clear winners, experts sayA recent Middle East war has concluded with no clear victor. Iran, though weakened, successfully thwarted the objectives of the United Stat...
- GIFT Nifty signals muted start for Dalal Street amid cautious tradeIndian stock markets saw a rally mirroring global trends. Investors reacted positively to news of a US-Iran ceasefire agreement and the reo...
- US stocks: US market rallies, Dow ends with record on US-Iran deal, oil price slideWall Street indexes surged Monday, with the Dow hitting a record high following a preliminary US-Iran agreement that eased inflation fears ...
- India Inc gears up for Middle East rebound after peace dealIndian businesses are preparing for a surge in Middle East demand following a peace agreement. Companies are increasing production and secu...
- Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
- India's trade deficit narrows slightly to $28.21 billion in May as petroleum exports cushion energy import blowIndia's trade deficit saw a slight reduction in May. A recent US-Iran agreement is bringing welcome relief. This deal is expected to stabil...
- Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
- 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 ...
- Oil and gas supplies could take months to return to normal after Iran deal, energy experts sayGlobal oil prices saw a dip following news of an Iran war ceasefire and the reopening of the Strait of Hormuz. However, energy experts caut...
- Dollar hits 10-day low as US, Iran reach peace dealThe US dollar weakened significantly on Monday. This happened after news of a peace deal between the United States and Iran emerged. Oil pr...
- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- Silver plummets Rs 4,500/kg, gold dips Rs 2,500/10 gm as Iran strikes US airbases. Time to sell?Gold and silver prices saw a sharp decline on the Multi Commodity Exchange on Wednesday. Fresh Middle East tensions, a stronger dollar, and...
- Emirates to offer incentives, safety assurances as Iran war hits travelEmirates plans incentives beyond lower fares to attract passengers concerned about the Iran war. The airline prioritizes reliability and cu...
- Silver prices tank Rs 5,500/kg, gold down Rs 1,800/10 gm as Israel attacks, rising crude trigger panic. Should you sell?Gold and silver prices opened lower on MCX on Monday. Escalating Gulf tensions pushed oil prices higher, fueling inflation worries. Stronge...
- Petrol, Diesel prices hiked again on June 8 as crude oil surges? Check latest fuel rates in Delhi, Mumbai, Kolkata and other citiesPetrol, Diesel prices today: Global crude oil prices have surged amid Middle East tensions. However, Indian consumers are not feeling the p...
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