strait of hormuz

New Delhi, April 9 – Union Petroleum and Natural Gas Minister Hardeep Singh Puri is scheduled to visit Qatar between April 9 and April 10 to discuss liquefied natural gas (LNG) supplies amid disruptions caused by the ongoing Iran conflict, the ministry said on Thursday.In a post on X, the...

Mumbai, April 9 The rupee depreciated by 17 paise to 92.71 against the US dollar in early trading on Thursday as the fragile ceasefire and Iran's threat to withdraw from talks if Israel continued bombing Lebanon kept investors wary.Forex traders said that the market is in a wait-and-see mode...

Mumbai, April 9 – The Indian equity markets opened cautiously on Thursday after a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Hezbollah in Lebanon, raising fears of a...

Mumbai, April 8 The rupee appreciated by 47 paise to close at 92.59 (provisional) against the US dollar on Wednesday after US President Donald Trump announced the suspension of military strikes against Iran for two weeks, and the Reserve Bank kept the key benchmark rate unchanged with a neutral...

Mumbai, April 8 – The Reserve Bank of India maintained its key policy rate unchanged on Wednesday, adopting a cautious approach while assessing the impact of the six-week Iran conflict on energy supplies, inflation, and economic growth.The central bank's Monetary Policy Committee voted...

New Delhi, April 8 Shares of oil marketing companies soared on Wednesday, with HPCL rising by 9%, as crude oil prices sharply declined to fall below the $100 mark following the announcement of a two-week ceasefire by the US and Iran.Brent crude, the global oil benchmark, dropped by 14.03% to...

India Bond Yields Ease After US-Iran Ceasefire and RBI Rate Pause Mumbai, April 8: Indian government bond yields declined on Wednesday as market sentiment improved following a conditional ceasefire between the United States and Iran, alongside the Reserve Bank of India’s decision to hold key...

New Delhi, April 8 Crude oil prices plunged sharply on Wednesday, falling by 6 per cent to hit their lower circuit level in futures trading, as global benchmarks weakened following the announcement of a two-week ceasefire between the US and Iran.On the Multi Commodity Exchange (MCX), futures...

Seoul, April 8 – South Korean stocks surged on Wednesday morning as the United States and Iran reached an agreement on a two-week ceasefire and the reopening of the Strait of Hormuz.The benchmark Korea Composite Stock Price Index (KOSPI) rose 326.12 points, or 5.94 percent, to 5,820.9 as of...

Beijing, April 7 China announced on Tuesday a further increase in gasoline and diesel prices, the second in about two weeks, due to rising international oil prices driven by the ongoing conflict in West Asia.China's top economic planner, the National Development and Reform Commission (NDRC)...

Mumbai, April 7 The rupee depreciated by 10 paise to close at 93.00 (provisional) against the US dollar on Tuesday, as investors remained cautious ahead of US President Donald Trump's deadline for the opening of the Strait of Hormuz and the Reserve Bank's monetary policy review.Forex traders...

New Delhi, April 7 The price of silver plummeted by Rs 1,479 to Rs 2.31 lakh per kilogram in futures trading on Tuesday, amid escalating geopolitical tensions in West Asia and rising inflation concerns that dampened investor sentiment.On the Multi Commodity Exchange, the white metal for May...

New Delhi, April 7 Gold prices fell by Rs 610 to Rs 1.49 lakh per 10 grams in futures trading on Tuesday as rising crude oil rates and escalating tensions in the Middle East dampened demand for the safe-haven asset and kept investors cautious.On the Multi Commodity Exchange, the yellow metal...

New Delhi, April 7 Crude oil prices rose by nearly 3 per cent to hit a record high of Rs 10,888 per barrel in futures trading on Tuesday, driven by strong global cues as tensions between the US and Iran intensified ahead of President Donald Trump's deadline for reopening the Strait of Hormuz...

New Delhi, April 7 Crude oil prices surged by Rs 300, hitting a record high of Rs 10,888 per barrel in futures trading on Tuesday, driven by strong global energy benchmarks amid persistent supply concerns and geopolitical tensions in West Asia.On the Multi Commodity Exchange (MCX), crude oil...

New Delhi, April 7 – Global crude oil prices soared on Tuesday, hitting new highs with more than a 3 per cent jump, amid geopolitical tensions and US President Donald Trump's deadline on Tuesday to reopen the Strait of Hormuz to Iran.Brent crude futures rose as much as 1.69 per cent, or $1.86...

Seoul, April 7 – South Korea has secured an additional 60 million barrels of alternative oil supplies for May, which will replace supplies from the Middle East that have been disrupted due to the effective closure of the Strait of Hormuz, the government said on Tuesday.The country has secured...

Mumbai, April 7 The rupee depreciated by 17 paise to 93.07 against the US dollar in early trade on Tuesday, weighed down by continued withdrawal of foreign capital, a strong dollar, and higher crude oil prices amid a volatile geopolitical situation.Forex traders said the USD/INR pair remains...

Mumbai, April 7 – The Indian stock markets on Tuesday experienced sharp losses in the early trading session, with equity benchmarks declining by 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen...

New Delhi, April 6 Natural gas supplies to fertilizer plants have been increased to about 90 per cent of their requirement after oil companies procured liquefied natural gas (LNG) from the spot market as part of a broader set of measures to manage fuel availability amid disruptions linked to the...