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OIL PRICES SURGE IRAN WAR
China's imports of major commodities show price remains key driverChina's May commodity trade reveals price is key to its resource imports. Crude oil imports hit an eight-year low due to high prices. Coppe...- Brent crude oil price falls below $90 a barrel on hopes of Iran dealOil prices fell around 5 percent to below $90 a barrel on Tuesday after US President Donald Trump again said an Iran peace deal could be cl...
- Why crude oil is falling fast today: Oil prices crash below $88 as US-Iran peace deal hopes send Brent crude, WTI oil and energy markets lowerOil prices crashed below $88 after reports said a US-Iran draft agreement gained preliminary acceptance in Washington. Brent crude fell nea...
- US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...
- Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
- Oil Price Today (June 9): Crude oil falls 1% as Israel and Iran pause strikes. Where is liquid gold headed?Oil prices eased in early Tuesday trading after Iran and Israel indicated a pause in hostilities, reducing immediate concerns over supply d...
- NH builders seek predefined input rates for projects under active bidsRoad builders are asking the government to set fixed rates for bitumen and fuel. This is for highway projects currently up for bidding. The...
- Global airlines slash 2026 profit forecast on fuel shock from Iran warThe global airline industry has significantly lowered its 2026 profit forecast due to rising fuel costs and disruptions from the Iran war. ...
- As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- Gold falls about 3% as robust US jobs data cements bets on higher ratesGold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This dat...
- West Asia war: 100 days on, Trump and Iran remain locked in high-stakes showdownTensions between the US and Iran remain high as the conflict approaches 100 days. Both nations are engaged in military actions and diplomat...
- Gold price today crashes over 1 per cent, check latest Gold rateGold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bu...
- More oil escapes Hormuz, keeping traders guessingIran war: Tankers are using stealth to exit the Strait of Hormuz, freeing oil trapped in the Gulf. The practice of ships going dark is wide...
- Gold rises on softer dollar, oil as markets weigh US-Iran peace optimismGold prices saw a boost on Thursday, driven by a weaker dollar and declining crude oil. Hopes for a U.S.-Iran conflict resolution, followin...
- US services activity heats up in May, beating expectations: SurveyUS services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders gre...
- Iran's inflation hits highest level since World War II as unrest and sanctions biteIran is currently navigating a perilous economic landscape as inflation reaches alarming heights not seen since the aftermath of World War ...
- India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
- US says it struck Iranian military sites, Tehran responds with air base attackThe United States and Iran have exchanged military strikes over the weekend. Iran's Revolutionary Guards targeted a US base in response to ...
- India bonds dip as Middle East war woes add to policy week cautionIndian government bonds retreated as traders anticipated the central bank's policy decision and higher oil prices due to the Middle East co...
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