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Oil prices fell on Thursday as hopes of a possible agreement between the US and Iran to prevent further escalation in the Middle East conflict and reopen the Strait of Hormuz eased market concerns. During the week, crude prices have already fallen over 5%, dropping below the $100 per barrel mark .Around 7:20 am, WTI…
Every crisis reminds us that markets can swing like a pendulum between greed and fear. (AI image) Sensex and Nifty are in deep red. Gold, the favourite safe haven asset for investors, is seeing huge volatility. The US-Iran conflict has hit investment portfolios of Indians who are now left wondering: where is their money safe?…
The United States and Iran are discussing a plan that would open the Strait of Hormuz roughly 30 days after the two sides reach a deal to end hostilities, a Middle East diplomatic source told Nikkei on Monday.Iran would proceed with clearing mines from the strait during a 30-day window following an agreement, the source…
MUMBAI: Indian shares rose to a two-week high on Monday as signs of progress in US-Iran peace talks pushed oil prices lower and boosted investor appetite for risk assets.US President Donald Trump said on Saturday that Washington and Iran had “largely negotiated” an MoU on a peace deal that would reopen the Strait of Hormuz,…
The rupee appreciated by 34 paise to close at 95.26 against the US dollar on Monday, marking its third consecutive session of gains, amid improving global sentiment over a possible peace agreement between the United States and Iran.According to news agency PTI, the rupee strengthened as optimism grew around easing tensions in West Asia and…
FM Sitharaman has stressed the need to closely monitor the three critical areas of fuel, fertiliser, and foreign exchange. (AI image) A prolonged US-Iran conflict has finally begun to hit India home, with economists signalling that the longer the crisis continues, the more difficult the situation would become for the economy. Finance Minister Nirmala Sitharaman…
NEW DELHI: US Secretary of State Marco Rubio on Monday said India did not raise concerns over Pakistan’s reported role as a mediator in the ongoing US-Iran conflict, even though New Delhi remains concerned about terrorist groups operating from Pakistani territory.Responding to a question in Delhi on whether the Indian side expressed concerns regarding Pakistan…
(AI image generated using ChatGPT) As Washington and Tehran edge closer to what could become a broader ceasefire agreement, Gulf states are confronting an uncomfortable question: can the region continue relying on outside powers for security, or has the war exposed the limits of American guarantees?US Secretary of State Marco Rubio has said a deal…
Gold and silver are expected to take cues from developments in the ongoing US-Iran talks this week, with analysts forecasting a largely steady trend for gold prices while silver may continue to outperform amid geopolitical tensions and elevated crude oil prices.Investors are also likely to track a series of economic indicators from the United States,…
The United States and Iran are close to signing a proposed agreement that would extend the current ceasefire for 60 days, reopen the Strait of Hormuz and allow Iran to resume oil exports while negotiations continue on Tehran’s nuclear programme, as per US media outlet Axios.According to the report, the draft memorandum of understanding (MOU)…
