Oil prices jumped sharply after reports of tanker attacks near Iraq added fresh fears over supply disruption in an already volatile Middle East market. The rise came as traders reacted to growing risks to shipping routes and export infrastructure, with Brent crude briefly climbing back above
The Indian rupee recorded its strongest single-day rally in over a month on Tuesday, surging by nearly ₹0.78 as global crude oil prices dropped sharply following a ceasefire agreement between Iran and Israel. The relief in energy markets and improved investor sentiment pushed the rupee to close around ₹85.97–₹85.98 against the US dollar, a level […]
The International Monetary Fund has issued a stern warning over the potential impact of escalating U.S.-Iran tensions on the global economy. Following the recent U.S. airstrikes on Iranian nuclear facilities, IMF Managing Director Kristalina Georgieva highlighted that heightened geopolitical risks could disrupt energy markets and significantly hinder global growth. The IMF















