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MIDDLE EAST TRADE
India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
Micron Technology stock price jumps on Monday, shares up nearly 300 per cent for 2026U.S. Stock Market today: Micron Technology shares moved higher in premarket trading on Monday. AI-driven optimism has supported Wall Stree...
India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
Dalal Street set for a firm opening as GIFT Nifty trades higherIndian markets saw a pause on Friday, with the Nifty dipping due to a significant IT stock sell-off. Investors are closely watching the mon...
Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports"After the interim (US-Iran) peace deal was announced, exporters started buying basmati rice in good quantities for shipment to the Middle ...
Iran warns US to 'be careful' after Trump threatIran has cautioned the US to "be careful" following President Trump's threats to strike over Hezbollah support, even as both nations engage...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
Middle East outages to keep aluminium market tight near-term, but Indonesia-China supply wave caps upside: Goldman SachsAluminium prices are expected to remain high in the short term due to ongoing Middle East disruptions, which are now projected to extend in...
Accenture signals caution, but analysts see long-term IT opportunityAccenture's earnings signal tough times for IT services. Indian IT firms face weak demand and cautious client spending. While valuations ar...
US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
Oil falls as supply starts moving through Strait of HormuzOil prices dipped Friday as tankers resumed passage through the Strait of Hormuz following a U.S.-Iran peace deal. The agreement is expecte...
Accenture logs $18 billion Q3 revenue, revenue misses estimatesAccenture's Q3 FY26 results revealed a slowdown in IT demand, with the company missing revenue estimates and lowering its full-year guidanc...
India-EU free trade deal to be inked by year-end: Ursula von der LeyenIndia and the European Union are set to sign a major free trade agreement by year-end. This follows talks between Prime Minister Narendra M...
Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
Global Markets: Japan exports extend growth streak despite Middle East supply disruptionsJapan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectatio...
Durable US-Iran peace deal to provide predictable environment for trade: CRFA US-Iran peace deal promises greater regional stability. This will benefit Indian exporters with reduced costs for shipping, insurance, an...
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...
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 ...