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The Middle East conflict has entered its fourth week and the developments have sent shockwaves through global stock markets. For the upcoming week, investor sentiment is expected to remain sensitive to global developments, particularly the ongoing crisis and its impact on crude oil prices, in the holiday-shortened trading week ahead. Alongside geopolitical cues, movements in…
After Russian crude, the US has now issued a 30-day sanction waiver on Iranian oil, currently at sea, to ease rising concerns about energy supply flows as Middle East conflict continues to boil. US treasury secretary Scott Bessent said that the authorisation applies specifically to Iranian crude and petroleum products that are already in transit….
US stocks edged lower in early trade on Friday, putting Wall Street on course for a fourth consecutive weekly loss, although a modest easing in oil prices helped stabilise broader global markets, according to an AP report.The S&P 500 declined 0.5% in morning deals and was headed toward its longest losing streak in a year….
Asian markets showed a mixed performance on Friday, following modest losses on Wall Street and a retreat in oil prices after a sharp spike triggered by escalating Iran-Israel tensions.Oil had a volatile session on Thursday, with Brent crude briefly hitting $119 per barrel after Iranian attacks on Gulf energy facilities followed Israel’s strike on a…
File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tankers in a bid to boost global supply and cool surging crude prices, as the war in the Gulf continues to hammer energy infrastructure and disrupt shipping…
Global oil and natural gas prices surged sharply on Thursday after Iran launched fresh strikes on key energy infrastructure across the Gulf, including Qatar’s main liquefied natural gas (LNG) facility, raising concerns over prolonged supply disruptions.Brent crude, the international benchmark, climbed close to $114 per barrel, up from below $73 on the eve of the…
Equity markets across Asia declined on Thursday, tracking losses on Wall Street after a sharp rise in oil prices above $112 per barrel and renewed concerns over inflation and interest rates dampened investor sentiment. In early trading Tokyo’s Nikkei 225 dropped 2.5% to 53,875.94, while South Korea’s Kospi fell 1.3% to 5,845.62. Hong Kong’s Hang…
These property laws serve bigger purposes including: Cultural preservation: Protecting indigenous traditions and tribal identityEnvironmental protection: Preventing fragile ecosystems from overdevelopmentIn northeastern states, land is more than an asset and is connected to community identity. It’s more a part of their heritage. While India offers immense real estate opportunities, some parts of the country remain…
Missile Attack on Qatar Gas Facility Sparks Fears of Global Energy Crisis Amid Iran vs US-Israel War A missile attack on one of Qatar’s most critical gas facilities, the Ras Laffan complex, has sent shockwaves across the Middle East and global energy markets, marking a dangerous escalation in the ongoing Iran vs US–Israel war. The…
US equities edged lower in early trade on Wednesday as a fresh surge in crude oil prices reignited worries about inflation and dampened investor sentiment ahead of the Federal Reserve’s policy decision.The S&P 500 fell 0.3 per cent and was on course for its first decline this week. The Dow Jones Industrial Average dropped 180…
