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TURKEY MARKET ROUT
US authorises Iranian oil sales until August 21 as part of push for final West Asia truce dealWashington has granted Iran a 60-day waiver on oil sanctions, permitting the nation to produce, export, and sell its crude until August 21....- Iraq projects oil production to return to pre-war levels within two monthsIraq anticipates a swift return to pre-war oil production levels within two months, following a recent US-Iran deal that eased the Strait o...
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- BPCL, HPCL, IOCL shares rally up to 4% as oil prices hit two-month low. What are experts saying?Indian oil marketing stocks surged as crude oil prices dropped to a two-month low amid reports of a potential US-Iran peace deal. HPCL, IOC...
- Kospi jumps over 8% on Iran peace deal hopes; world's best-performing market up 94% YTDSouth Korean stocks surged on Friday, with the KOSPI jumping as much as 8.5%, driven by optimism that Middle East tensions could ease after...
- India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
- Iran targets Bahrain and Kuwait after renewed US strikesIran launched missile attacks on Bahrain and Kuwait after renewed US strikes. This action has intensified regional conflict and threatened ...
- Consumer goods companies chart new manufacturing and sourcing course as West Asia crisis hits supply chainIndian consumer goods firms like Dabur, Britannia, Tata Consumer Products, and Emami are rerouting manufacturing and sourcing away from Wes...
- Strait of Hormuz closure chokes trade and aid for AfghanistanAfghanistan's trade routes are severely disrupted. Conflicts in the Middle East and border closures with Pakistan have crippled businesses ...
- Resurgent political risk derails rallies across emerging marketsEmerging markets are experiencing a fresh wave of political turmoil, impacting Latin America and Eastern Europe. Upcoming presidential elec...
- Pakistan is shaping up an idea that can worry IndiaPakistan is pushing a proposed “Islamic NATO” with Saudi Arabia, Qatar, Turkey and Pakistan, aiming to build a regional defence bloc that r...
- Oil prices rise as fragile US-Iran talks sustain supply worriesOil prices edged up in early Asian trade as fragile U.S.-Iran negotiations highlighted supply concerns, with Tehran's response revealing si...
- Turkish Airlines suspends flights to 23 cities — check the full list and if you are affectedTurkish Airlines has stopped flights to 23 cities due to fuel problems and war impact. Many routes are paused for now and may start later t...
- Brent at $100? Hormuz Risk, AI rally and a fragile US market: Andrew Freris flags two-year energy shock cycleGeopolitical shifts in West Asia will alter global energy routes for years. Oil prices may stay high. Equity markets are climbing on artifi...
- EU considers helping with Mideast energy infrastructure to bypass conflict zonesEurope faces a severe fuel crisis and soaring energy costs due to the Iran war. The European Union is now exploring new energy routes in th...
- Global Markets: Uncertain global outlook keeps investors balancing risk and opportunityMarkets start the week on a positive note as Donald Trump signals possible easing of the Iran conflict, supporting global equities. However...
- Israel-Iran war disrupts Rajasthan's Mehendi tradeThe global conflict involving the US, Israel, and Iran is severely affecting Rajasthan's mehendi industry in Sojat. Exports are down, produ...
- IndiGo to deploy long-range narrow-body A321XLR aircraft on Delhi-Istanbul routeIndiGo is upgrading its Delhi-Istanbul flights with the new A321XLR aircraft starting April 19. This move offers a dual-class experience wi...
- Turkey's market rout worsens amid protests, worst stock slump since 2008Turkish stocks faced the worst week since 2008 amid political turmoil following the detention of Istanbul mayor Ekrem Imamoglu. The resulta...
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