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Middle East conflict: Oil companies seek advance payments from petrol pumps as global crude price surge squeezes margins

State-owned oil marketing companies have started asking petrol pump dealers to make advance payments for supplies of petrol and diesel, as refiners grapple with mounting revenue losses from retail fuel sales, according to a Reuters report.Nearly 90% of India’s about 1,01,470 fuel stations are linked to public sector refiners and retailers – Indian Oil Corporation,…

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Gold price today (March 17, 2026): Check the price of 18K, 22K and 24K gold in your city today; Delhi, Mumbai & more

Gold opened sharply higher on Multi Commodity Exchange on Tuesday, as investors turned to safe-haven assets amid escalating tensions in the Middle East involving the US, Israel and Iran. The uncertainty has also kept oil prices above the $100-per-barrel mark. On the MCX, April 2026 gold futures rose Rs 1,260, or 1%, reaching Rs 1,56,996…

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Oil price today (March 17, 2026): Crude continues to climb amid Hormuz supply crisis; Brent, WTI jump 2%

Oil prices extended their gains as the Middle East conflict intensifies and Strait of Hormuz continues to see disruption, fueling fears of supply disruptions in global markets. On Tuesday, Brent crude futures rose by $2.48, or 2.5%, to $102.69 per barrel at 0058 GMT, while US West Texas Intermediate (WTI) crude advanced by $2.42, or…

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Gold price prediction today: Why are gold prices not rising too much amid US-Iran war? Key levels to watch out for March 16, 2026 week

Gold on the domestic front on the daily chart is witnessing a short-term corrective phase after a strong uptrend. (AI image) Gold price prediction today: Gold prices are supported by the underlying geopolitical negative sentiment but the gains are capped, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold declined last…

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Hundred Auction 2026: Top buy James Coles’ Rs 4.8 crore price tag won’t even make IPL Auction 2026 top 10 | Cricket News

James Coles (Getty Images) The Hundred Auction 2026 delivered plenty of surprises as franchises spent heavily to secure top talent for the upcoming season. While some big names went unsold, several players attracted massive bids, highlighting the growing financial strength of England’s 100-ball league. However, when discussions around record-breaking auctions begin, it is hard to…

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Gold price prediction amid US-Iran war: What’s the gold rate outlook for March 13, 2026? Resistance seen near Rs 1,60,300

Gold is trading near the lower Bollinger band after an extended decline, indicating strong downside momentum. (AI image) Gold price prediction today: Gold prices are seeing intraday weakness and a sell on rise strategy makes sense, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold April futures on MCX are trading near…

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