When the Strait of Hormuz tightened, many were ready for $200 a barrel oil. More than three months later, that nightmare scenario is still nowhere in the picture.The disruption, which removed more than 10 million barrels a day of Middle Eastern supply from the market, had threatened to push crude prices as high as $200…
New Delhi: Foreign investors continued to reduce their exposure to Indian equities and pulled out Rs 32,963 crore in May. Apart from FPIs, analysts also expect developments around the West Asia war, crude oil prices and RBI interest rate decision to determine the equity-market trend in the coming week.According to NSDL data, the total outflow…
In March, the full month before the US and Israel launched attacks on Iran, India’s crude oil imports declined by 17.1% compared to March 2025, reflecting disruption in the global energy supply chain due to the conflict. A pump jack works near the crude oil reservoir. (Reuters) The decline in imports meant India’s total crude…
Reserve Bank Governor Sanjay Malhotra has said that the government may eventually have to increase petrol and diesel prices if the Middle East crisis continues for a long time, PTI reported on Wednesday.Speaking at a conference in Switzerland on Tuesday, Malhotra said disruption in oil and gas supplies due to the conflict and blockade in…
Indian markets opened sharply lower on Tuesday due to rising crude oil prices and uncertainty around the United States-Iran war, while concerns over inflation and foreign fund outflows added pressure. Sensex and Nifty fall for the second consecutive day (PTI) BSE Sensex opened 441.65 points or 0.58% lower at 75,573.63 amid weak global cues and…
Stock markets continued to fall for the third straight session on Monday, with the benchmark Sensex falling 1,313 points as rising crude oil prices weighed on investor sentiment following the failure of peace talks between the US and Iran over the ongoing conflict in West Asia. The 30-share BSE Sensex fell 1,312.91 points or 1.70…
