Tag
Brent crude surged to $78 per barrel after the US launched fresh military strikes on Iran and President Trump declared the ceasefire "over." The move raises fears of supply disruption through the Strait of Hormuz, a chokepoint for nearly 20 percent of globally traded oil.
The BSE Sensex fell 516 points to close at 77,328.19 on Tuesday, its second consecutive losing session, as renewed West Asia tensions dampened investor sentiment. Rising geopolitical risk threatens higher oil prices, which would widen India's import bill and pressure the rupee.
The Indian rupee fell to a record intraday low of 95.34 against the U.S. dollar, trading 37 paise lower at 95.25 in afternoon interbank trade. Rising West Asia tensions pushed investors toward the dollar, weakening the rupee sharply. A sustained drop could raise import costs, particularly for crude oil.
Tag
Brent crude surged to $78 per barrel after the US launched fresh military strikes on Iran and President Trump declared the ceasefire "over." The move raises fears of supply disruption through the Strait of Hormuz, a chokepoint for nearly 20 percent of globally traded oil.
1mo ago · 3 min · Global Affairs
The BSE Sensex fell 516 points to close at 77,328.19 on Tuesday, its second consecutive losing session, as renewed West Asia tensions dampened investor sentiment. Rising geopolitical risk threatens higher oil prices, which would widen India's import bill and pressure the rupee.
3mo ago · 2 min · Markets
The Indian rupee fell to a record intraday low of 95.34 against the U.S. dollar, trading 37 paise lower at 95.25 in afternoon interbank trade. Rising West Asia tensions pushed investors toward the dollar, weakening the rupee sharply. A sustained drop could raise import costs, particularly for crude oil.
4mo ago · 1 min · Markets
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