October 14, 2026
Home Posts tagged OilPrices
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Indian equity markets traded modestly higher on Friday, supported by easing oil prices and optimism ahead of upcoming U.S.-Iran peace talks. The Nifty 50 rose 0.34% to 24,279, while the Sensex gained 0.38% to 78,290.04 in morning trade. Both benchmark indices have climbed around 1% this week, building on a strong 6% rally last week—their […]Continue Reading
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India’s projected economic growth of 6.6% for fiscal 2027 faces significant downside risks due to escalating geopolitical tensions linked to the Iran conflict, according to the World Bank. Concerns over a fragile ceasefire in the Middle East have heightened fears of disruptions in energy supplies through the Strait of Hormuz, a critical route for global […]Continue Reading
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Indian equity markets fell sharply on Monday, with benchmark indices heading toward their steepest monthly decline since March 2020. The Nifty 50 dropped 1.20% to 22,551.35, while the BSE Sensex declined 1.28% to 72,645.29 in early trade. Broader markets were hit harder, as both mid-cap and small-cap indices fell around 2%. The sell-off mirrored wider […]Continue Reading
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The Indian rupee weakened sharply on Friday, breaching the 93-per-dollar mark for the first time as escalating concerns over an Iran-led conflict disrupted global energy supplies. The currency dropped about 0.7% to 93.2750 against the U.S. dollar, surpassing its previous record low of 92.63 earlier in the week. Since the onset of the conflict, the […]Continue Reading
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Several major oil companies and trading houses have suspended crude and fuel shipments through the Strait of Hormuz following escalating US and Israeli strikes on Iran and Tehran’s retaliatory actions, according to trading sources cited by Reuters. One senior executive said vessels would remain stationary for several days amid safety concerns. The move underscores the […]Continue Reading

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