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US IRAN CONFLICT OIL IMPACT
Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gainsThe Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. F...
Iran-US talks: Key takeaways from first round in SwitzerlandRecent discussions between Iran and the US in Switzerland mark a promising step towards resolving the Middle East conflict, facilitated by ...
India hopes US-Iran peace deal will lead to sustained peace in West AsiaIndia welcomed the US-Iran peace deal on Thursday. Foreign Secretary Vikram Misri stated that New Delhi remains in close contact with West ...
Vance says 12.5 million barrels oil moved as Iran deal enters 60-day phaseOil flow through the Strait of Hormuz reached its highest level since late February. US Vice President JD Vance stated a US-Iran agreement ...
Trump thanks China's Xi, Russia's Putin for being 'neutral' in Iran warPresident Trump thanked Chinese President Xi Jinping and Russian President Vladimir Putin for remaining "neutral" during the conflict with ...
Trump vows to reimpose US sanctions on Russian crude 'soon' as truce with Iran takes shapePresident Trump announced that the US will soon reimpose sanctions on Russian oil, citing eased global supply concerns due to resumed flows...
Rupee touches six-week high on oil slump, RBI effect lingersThe Indian rupee strengthened to a six-week high, buoyed by falling Brent crude prices below $80 a barrel and supportive central bank measu...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
A 60-day clock starts ticking on the US-Iran peace agreementA peace agreement between the United States and Iran has been announced. This marks the end of a period of intense fighting. The core of th...
US set to offer Iran $300 billion development fund, broad financial gains in peace dealIran is poised to receive significant financial incentives, including immediate oil sales and access to a $300 billion development fund, as...
G7 allies scramble to put Ukraine back atop Donald Trump's agenda as war drags onG7 leaders are urging President Trump to refocus on the Ukraine war. Discussions at the summit included increasing pressure on Russia throu...
'Pyrrhic victory': Iran war leaves no clear winners, experts sayA recent Middle East war has concluded with no clear victor. Iran, though weakened, successfully thwarted the objectives of the United Stat...
Oil Price Today (June 16): Crude oil rebounds after 5% plunge as traders await US-Iran peace deal details. Where are prices headed?The rebound followed a sharp selloff on Monday, when oil prices tumbled nearly 5% to their lowest closing level since March 4. The decline ...
'Start your engines'? Shippers wary on Hormuz reopeningShipping groups are hesitant to resume sailing through the Strait of Hormuz. An agreement between the US and Iran promises its reopening. H...
Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
India's trade with West Asia gradually improving: Commerce SecyIndia's trade with West Asia faced disruptions in May due to the US-Iran conflict. Exports saw a slight dip but are recovering. Imports als...
PM Modi welcomes US-Iran peace deal, hopes for peace in West AsiaPrime Minister Narendra Modi has welcomed an understanding between the United States and Iran to end the conflict in West Asia. This develo...
Asian Paints, HPCL, MRF other crude-sensitive stocks jump up to 5% on Iran-US peace deal frameworkCrude-sensitive stocks surged as oil prices dropped significantly following an agreement between Iran and the US to end their conflict and ...
Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
Rupee drops to 95.76 vs USD on dollar demand from oil cos, nearly erases RBI-led gainsThursday saw the Indian rupee slip against the U.S. dollar, negating earlier improvements that were supported by measures from the central ...