Sensex falls 1,048 pts on war in West Asia, fear index up 25%
MUMBAI: The escalating war in West Asia took a heavy toll on investors on Dalal Street as stocks crashed on Monday that left them poorer by Rs 6.6 lakh crore.…
Oil surges as Strait of Hormuz disruptions raise global supply fears
Oil prices surged sharply on Monday as disruptions to tanker traffic through the Strait of Hormuz heightened concerns over global energy supply amid US and Israeli attacks on Iran. US…
Russia remains largest supplier of crude to India in February, Saudi Arabia close second
NEW DELHI: While Russia remained the largest supplier of crude to India in Feb, Saudi Arabia narrowed the gap and emerged as a close second, with supplies from the West…
West Asia conflict: Govt may ask companies to cut exports, increase auto fuel, LPG supplies
NEW DELHI: Amid fears of a shortage in crude supplies, govt is looking to nudge refiners to divert more auto fuel and LPG to the domestic market by cutting on…
Qatar state‑run QatarEnergy halts LNG production after Iran drone attacks, sends European gas prices soaring
Qatar’s state-owned energy giant, QatarEnergy, announced on Monday that it had suspended liquefied natural gas (LNG) production following Iranian drone attacks on two of its key processing facilities. The halt…
Oil prices spike! Will petrol, diesel rates be hiked in India as crude nears $80 mark on Middle East tensions?
India faces a higher import burden when global prices rise, along with possible inflationary effects. (AI image) Internationally, oil prices have risen by around 9-10% following Israel-US strikes on Iran,…
Middle East oil shock risks: How much do China, India, Japan depend on Middle Eastern crude, gas?
Asia relies heavily on energy supplies from the Middle East, leaving the region particularly exposed. (AI image) Middle East tensions due to the ongoing conflict of Israel and the US…
Wall Street dips as US-Israeli strikes on Iran push oil higher; Dow Jones down 0.7%, S&P500 dips 0.5%
Wall Street opened lower on Monday as the US-Israeli military campaign against Iran escalated across the Middle East, sending oil prices sharply higher.About 20 minutes into trading, the Dow Jones…
Gold price today: How much 24K, 22K gold costs in Delhi, Bangalore & more – check rates
Gold prices witnessed broad-based corrections across major retail markets on Monday, with most cities reporting declines in both 22 carat and 24 carat rates. The pullback in physical markets comes…
Middle East on edge: What does it mean for Indian oil markets?
The Middle East is on a boil and concerns are raising on what it might mean for India. New Delhi imports nearly 88% of its crude oil needs, so any…