"crude-oil"

Gold prices in New Delhi fell ₹1,800 to ₹1.54 lakh per 10 grams while silver dropped ₹6,500, pressured by rising crude oil prices, a stronger US dollar, and expectations of prolonged higher interest rates impacting global bullion markets

Crude oil prices surged up to 2 per cent as Brent hit $107 per barrel amid escalating Middle East tensions and supply concerns via the Strait of Hormuz. Despite a reported ceasefire move, geopolitical risks kept markets volatile and bullish.

The rupee fell 25 paise to 93.16 against the United States dollar amid West Asia tensions and rising crude concerns. Disruptions near the Strait of Hormuz increased dollar demand, keeping the local currency under pressure despite earlier gains

Iranian forces fired on India-bound vessels in the Strait of Hormuz, halting 13 of 14 ships carrying crude, LPG and fertilisers, triggering returns and delays, as India coordinates for safe passage amid escalating tensions between Iran and the United States

Global crude oil prices declined nearly 2 per cent on Friday as hopes of easing West Asia tensions and a temporary ceasefire between Israel and Lebanon dampened supply concerns, even as markets remained cautious amid ongoing geopolitical uncertainty.

Rising tensions in the Strait of Hormuz amid US-Iran conflict and blockade fears have disrupted global oil supply, pushing crude prices higher. Analysts warn reduced Iranian exports and shipping risks could further strain markets and increase petroleum costs worldwide

Mumbai markets opened lower as Sensex and Nifty declined amid rising crude oil prices and escalating West Asia tensions. Heavy foreign fund outflows further weakened sentiment, increasing volatility, while select stocks gained. Investors remain cautious, tracking geopolitical developments and oil price movements closely

The rupee fell to a record low of 92.63 against the US dollar, pressured by foreign fund outflows, strong dollar demand and geopolitical tensions, even as domestic equities gained and crude prices showed slight easing in global markets.

The Indian-flagged crude tanker Jag Laadki safely docked at Adani Ports Mundra, carrying ~80,886 tonnes of UAE crude oil. The shipment supports refinery operations amid regional supply challenges, following safe passage of LPG carriers through the Strait of Hormuz

Gold prices in India slipped slightly on Thursday while silver rebounded on strong buying. On Multi Commodity Exchange, gold futures declined marginally as global bullion weakened due to a stronger dollar, while silver gained. Meanwhile, the Indian Rupee hit a record low

Gold and silver prices fell as investors booked profits, despite geopolitical tensions and a softer US dollar. MCX gold dropped to Rs 1,62,452/10g and silver to Rs 2,73,150/kg, while crude oil eased below $90, easing inflation concerns

Global crude oil prices surged past $91 per barrel amid escalating tensions involving the US, Israel and Iran, reviving inflation fears. However, Indian officials said the country has sufficient crude, fuel and LPG stocks despite possible disruptions near the Strait of Hormuz.

Escalating West Asia conflict and closure of Strait of Hormuz threaten to sharply raise Brent crude prices, exposing India’s energy vulnerabilities

Crude oil prices rose over 1 per cent amid West Asia tensions and threats to shipping through the Strait of Hormuz. Brent crude touched $79.2 per barrel, with analysts warning prolonged disruptions could sharply impact India’s imports

Trump’s plan to take control of Venezuela’s oil industry is unlikely to affect oil prices immediately. Years of mismanagement and sanctions have left production low, requiring massive investment and political stability before output can significantly rise

A parliamentary panel warned that India’s heavy dependence on crude oil imports exposes it to geopolitical risks and supply disruptions, urging diversification of sources, stronger strategic reserves, alternative routes, and institutionalised risk management to safeguard long term energy security

India’s Russian oil imports dropped by nearly a third after new US sanctions took effect on November 21, prompting refiners to cut purchases from designated companies. Analysts expect December arrivals to fall further as India turns to alternative suppliers and opaque trade routes

US President Donald Trump warned India of “massive tariffs” if it continues buying Russian oil, claiming Prime Minister Modi assured him of a halt in purchases. India denies such a commitment, citing energy diversification and market conditions.

India dismissed concerns over potential US sanctions on Russian oil imports, with Oil Minister Hardeep Singh Puri saying the country can meet its crude needs from other sources. Russia now supplies 40 per cent of India’s oil, up from just 0.2 per cent in 2022

Amid rising tensions between Iran and Israel, India has ramped up Russian and US crude oil imports in June, reducing reliance on Middle Eastern supplies. Data shows India’s evolving strategy to ensure energy security amid Strait of Hormuz risks