Tag: #OilPrices
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Indian Stock Market Rally Gains Momentum After US-Iran Peace Deal and Falling Oil Prices
New Delhi, June 15 The Indian stock market rally gathered significant momentum on Monday morning as benchmark indices opened sharply higher following the announcement of a historic peace agreement between the United States and Iran. Investor sentiment improved considerably after geopolitical tensions in West Asia eased and global crude oil prices witnessed a steep decline.…
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Indian Equities Open Lower Amid US-Iran Ceasefire Uncertainty and Rising Oil Prices
New Delhi | April 20, 2026 Indian equity markets opened on a cautious note on Monday. Investors reacted negatively to rising geopolitical uncertainty and a sharp surge in global oil prices. Concerns over the fragile US-Iran ceasefire weighed heavily on market sentiment, triggering early losses in benchmark indices. At the opening bell, the BSE Sensex…
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US Extends Waiver on Russian Oil Sales Amid Global Energy Market Turmoil
Washington, April 18, 2026 — The U.S. Department of the Treasury has issued a new temporary waiver that allows the sale and transport of sanctioned Russian oil stranded at sea. Officials took this step to calm global energy markets, which remain under pressure due to ongoing tensions in West Asia. Fresh Waiver to Stabilise Oil…
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Indian Rupee Under Pressure: Likely to Test ₹93.50 Against Dollar Amid Oil Surge and Global Uncertainty
New Delhi, April 14, 2026:The Indian rupee is expected to remain under strong pressure this week as global and domestic factors continue to weigh on the currency. According to a recent report by Union Bank of India (UBI), the rupee may test the ₹93.50 per US dollar level due to rising crude oil prices, a…
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Sensex Crashes 1400 Points, Nifty Falls 400 Amid Hormuz Tensions and Rising Oil Prices
New Delhi, April 13, 2026:Indian stock markets witnessed a sharp crash on Monday morning as global geopolitical tensions escalated following the announcement by Donald Trump regarding a naval blockade in the Strait of Hormuz. The development triggered panic among investors, leading to a massive sell-off across key indices. Stock Market Falls Sharply The BSE Sensex…
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Oil Prices Drop Over 13% After Trump Delays Strikes on Iran’s Energy Infrastructure
New Delhi, India | March 24:Global oil prices dropped sharply after US President Donald Trump postponed planned military strikes on Iran’s energy infrastructure for five days. The decision eased fears of immediate supply disruptions. Brent crude fell nearly 15% to around USD 96 per barrel. US West Texas Intermediate (WTI) also dropped over 13% to…
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Iran Embassy Denies $2 Million Levy on Ships in Strait of Hormuz, Calls Reports Unfounded
New Delhi, March 23: The Embassy of Iran in India has strongly denied reports claiming that Iran is charging vessels USD 2 million for passing through the Strait of Hormuz, calling such claims “unfounded.” In an official statement, the embassy clarified that these allegations do not reflect the position of the Iranian government and are…
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Sensex Crashes 800 Points, Nifty Falls Below 22,850 Amid US-Iran Tensions
Mumbai, March 23: Indian stock markets witnessed a sharp decline on Monday as rising geopolitical tensions between the United States and Iran triggered panic among investors, leading to heavy selling across sectors. The benchmark BSE Sensex plunged over 800 points, opening at 73,732.58, down 1.07%, while the Nifty 50 slipped below the crucial 22,850 mark,…
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Iran Threatens to Close Strait of Hormuz Indefinitely Amid Rising US-Israel Tensions
Tehran, March 23: Tensions in the Middle East have escalated sharply as Iran has issued a strong warning that it may indefinitely close the Strait of Hormuz, one of the world’s most critical oil shipping routes, if the United States targets its energy infrastructure. According to reports, the Iranian Armed Forces Headquarters stated that any…
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Oil Prices Surge: Crude Hits $114, Europe Gas Prices Jump 30% After Qatar LNG Attack
Global Energy Markets Shake as West Asia Conflict Disrupts Supply London, March 19: Global energy markets witnessed a sharp surge after escalating tensions in West Asia disrupted key supply routes. Crude oil prices climbed above $114 per barrel, while gas prices in Europe jumped nearly 30%. The spike follows attacks on energy infrastructure, including Iran’s…