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SUPPLY DISRUPTIONS MIDDLE EAST
IHH hospitals in India, Singapore saw fewer patients from Middle East due to warIHH Healthcare hospitals in India saw fewer patients from the UAE and Saudi Arabia. Singapore hospitals also faced impacts from the ongoing...
IMF lowers India’s FY27 growth outlook, retains status as fastest-growing economyThe IMF projects India's FY27 growth at 6.4 percent, remaining a leading global economy. Strong private consumption and services activity s...
Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...
Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated t...
Oil Price Today (July 8): Crude oil flares up over 5% as ‘powerful’ US strikes on Iran revive supply fears. What’s unfolding?Brent crude futures climbed $1.62, or 2.16%, to $76 a barrel, while U.S. West Texas Intermediate crude gained $1.63, or 2.31%, to $72 a bar...
IndiGo, HPCL, other oil sensitive stocks plunge up to 5% as US strikes on Iran lift crude pricesOil-sensitive Indian stocks tumbled significantly after US airstrikes on Iran. Crude oil prices climbed as sanctions on Iranian sales were ...
Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
Oil Price Today (July 7): Crude oil snaps 2-day fall as projectile hits tanker in Hormuz. Where are prices headed?Brent crude futures rose 28 cents, or 0.39%, to $72.29 a barrel, while U.S. West Texas Intermediate (WTI) crude gained 29 cents, or 0.26%, ...
NY Fed says supply chain pressures eased in JuneGlobal supply chain pressures eased in June, with the New York Fed index falling to 1.25 as Middle East disruptions showed signs of easing....
Oil Price Today (July 6): Crude oil extends fall, hovers below $72. Here are 2 major reasons for the declineBrent crude futures slipped 24 cents, or 0.e33%, to $71.88 a barrel. U.S. West Texas Intermediate crude fell 11 cents, or 0.16%, to $68.58 ...
India lifts emergency natural gas supply controls imposed after LNG disruptionsEmergency natural gas supply controls, implemented earlier this year due to Middle East conflict-induced LNG shipment disruptions, have bee...
Explained: Why aluminium is emerging as manufacturers' preferred alternative to copperRecord copper prices are accelerating manufacturers' shift toward aluminium, driven by lower costs and lighter weight. Automakers are expan...
Tata Motors PV shares in focus as Iran-US conflict impacts JLR volumes in Q1. What's ahead?Tata Motors' luxury arm, Jaguar Land Rover, saw a significant 15.3% drop in retail sales for Q1 FY27. Disruptions from the Middle East conf...
Tata Motors PV Q1 update: Sales jump 46%; JLR volumes hit by supply disruptions and Middle East conflictTata Motors reported a 46% rise in passenger vehicle sales for the June quarter, driven by strong demand and record EV sales. However, Jagu...
Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
Oil Price Today (July 1): Crude oil above $73 as Iran rejects direct peace talks with US. Where are prices headed?Brent crude futures were up 50 cents, or 0.69%, at $73.45 a barrel at 1208 GMT. U.S. West Texas Intermediate (WTI) crude rose 63 cents, or ...
India plans to cut reliance on Middle East oil, tap spot market after war shockIndia's state refiners are pivoting away from Middle Eastern oil contracts following the Iran war's supply disruptions. They plan to boost ...
Home sales fall to three-year low in June quarterHome sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties...
Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...