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GLOBAL OIL SUPPLY CONCERNS
Israel cuts fuel tax as US-Iran conflict pushes up gasoline pricesIsrael's finance minister ordered a fuel excise tax cut for two months. This action addresses the recent surge in gasoline prices across th...
Crude oil rally nears $100: Will geopolitical risks push prices higher?Crude oil prices are nearing $100 per barrel, driven by escalating geopolitical tensions between the US and Iran. While physical supply rem...
India's cyclical recovery faces risks; oil supply shock, AI capex may hit corporate margins from Q2FY27: ReportIndia’s economic recovery faces growing risks from the oil supply shock, fading domestic stimulus and slowing AI investment, Nuvama Institu...
World food prices at highest since 2022 as supply risks mount, FAO saysGlobal food prices reached their highest point since late 2022. Adverse weather and war disruptions are increasing concerns over staple sup...
Adverse weather, lower Brazil output, India's duty-free imports push global sugar prices up 11.9%: FAOGlobal sugar prices rose sharply in August, driven by adverse weather and El Nino impacts. Lower production in Europe and Asia contributed ...
Oil Price Today (September 4): Crude oil at $96, set for a 7% weekly surge as Iran, US exchange attacks. What’s next?The latest US attacks, which killed and wounded dozens of people, including Iranian civilians, have resulted in the most intense clashes be...
Oil importers are learning to live with a new reality as old routes of business fall apartOngoing tensions involving Iran are pushing major oil importers to develop alternative supply routes, which increasingly bypass the supply ...
Oil Price Today (September 3): Crude oil flat at $96 as traders weigh fresh US-Iran attacks. What are experts saying?U.S. President Donald Trump said on Wednesday that the renewed U.S. campaign against Iran would not continue for "too long". He said U.S. f...
Iran-US attacks restart: Refiners in the crosshairs again as some Gulf cargoes stand delayed, cancelledIndian refiners face mounting crude supply disruptions from the Gulf region. Rising vessel attacks and transit bottlenecks are causing sign...
Why are global bond yields surging to multi-decade highs?Global government borrowing costs are reaching multi-decade highs as inflation persists. Bond yields in major economies like the United Sta...
US Stock Market: Higher long-term Treasury yields face structural headwindsLong-term US Treasury yields are likely to remain elevated as persistent inflation concerns, rising government and corporate debt issuance,...
Global Market: Japanese shares tumble as Iran conflict lifts oil prices, bond yieldsJapanese equities tumbled on Wednesday as renewed US-Iran military strikes pushed oil prices higher and raised concerns over economic growt...
Rupee falls 2 paise to 94.97 against US dollar in early tradeThe Indian rupee slipped further in early trading on Wednesday amidst signs of escalating tensions between the US and Iran, coupled with so...
Oil up nearly 1% as US and Iran trade fresh strikesBrent crude futures rose 87 cents, or 0.92%, to $95.52 a barrel by 0008 GMT, while U.S. West Texas Intermediate crude futures climbed 80 ce...
US stocks today: US stocks end lower as oil, yields raise September jittersUS stocks started September lower as rising oil prices and Treasury yields heightened inflation and rate concerns. Renewed U.S. strikes on ...
Oil up more than 2% as renewed US-Iran strikes stoke supply fearsOil prices surged as hostilities reignited between the United States and Iran. This escalation raised alarms over possible supply interrupt...
7.8% slam dunk! 'Dead' economy proved to be quite alive and kickingIndia’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions an...
Doomsayers doomed, India bloomed: PM Modi after Q1 GDP growth quickens to 7.8% amid global tensionsIndia achieved a strong 7.8% GDP growth in the first quarter of FY27. Prime Minister Narendra Modi described this economic performance as a...
Oil Price Today (September 1): Crude oil above $90 as US, Iran attacks jolt Hormuz hopes. $100 in sight?Oil prices rose on Tuesday as renewed fighting between the U.S. and Iran in the Middle East revived concerns over potential supply disrupti...
Global market: European shares dip as fresh US-Iran strikes push oil, bond yields higherEuropean shares opened lower on Monday as renewed US-Iran military tensions pushed oil prices and bond yields higher, although the STOXX 60...