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OPEC+ agreed to raise June output by 188,000 barrels daily amid West Asia tensions and Strait of Hormuz blockade. United Arab Emirates exit weakens the group, while disrupted exports and diplomacy moves caused volatile global oil prices
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Indian equity benchmarks Sensex and Nifty closed lower on Thursday as rising crude oil prices and escalating tensions between the United States and Iran weakened investor sentiment. Broader markets also declined, while IT and pharma stocks showed relative resilience amid volatility
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Gold and silver prices rose on Thursday amid rising crude oil prices and growing tensions in West Asia. Gold crossed Rs 1.50 lakh on MCX during intra-day trade, while silver also gained strongly as investors reacted to global uncertainty and geopolitical developments
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Indian benchmark indices ended higher on Wednesday, although gains narrowed due to a sharp rise in global crude oil prices. Investors remained cautious amid geopolitical tensions, stalled US-Iran talks and volatility in energy markets, while select heavyweight stocks supported market sentiment
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Iran has offered to reopen the Strait of Hormuz if the US lifts its blockade and the war ends, officials said. The proposal comes amid ongoing tensions, stalled negotiations and global concerns over oil supply disruptions and rising prices
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Indian stock markets ended sharply lower on Friday as rising crude oil prices and geopolitical tensions weighed on investor sentiment. IT stocks led the decline, while concerns over inflation and current account deficit kept market participants cautious
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Traffic in the Strait of Hormuz has stalled after Iran seized vessels, disrupting a key global energy route. Rising geopolitical tensions pushed oil prices above $103 per barrel, while India faces supply concerns but maintains normal fuel operations and diversifies imports
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Indian stock markets fell for a second straight session as escalating West Asia tensions and Strait of Hormuz disruptions triggered risk-off sentiment. Sensex and Nifty dropped around 1%, with broad-based selling across sectors, while rising crude and rupee weakness added pressure
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Global oil prices surged near $100 as West Asia tensions escalated, with Brent Crude and WTI Crude rising sharply after Iran’s Strait of Hormuz warning. Market volatility increased, dragging Indian indices lower despite mixed global equity performance trends
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Chief Economic Advisor V. Anantha Nageswaran has cautioned that India’s inflation outlook faces fresh risks due to rising crude oil and commodity prices triggered by the Iran-US conflict. While India enters this phase with strong macroeconomic fundamentals, policymakers face the challenge of containing inflation without undermining growth.
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Indian equity markets rallied sharply Wednesday as Sensex and Nifty surged on global optimism and lower crude prices amid US-Iran diplomacy hopes. Gains were broad-based despite recent foreign outflows, with IT and aviation stocks leading the early advance across sectors
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State-owned oil companies Indian Oil Corporation, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited are facing rising losses as petrol and diesel prices remain frozen despite high crude costs, increasing financial strain and raising concerns over possible future fuel price hikes
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Indian equities rebounded sharply after six weeks of losses, with Nifty 50 and BSE Sensex gaining nearly 6%. Analysts expect cautious trading ahead, driven by global geopolitical tensions, Q4 earnings, and currency and crude oil movements
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The central bank's decision to maintain the status quo signals a careful balancing act between controlling inflation and supporting economic growth in an increasingly uncertain global environment
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Benchmark indices BSE Sensex and NSE Nifty fell sharply in early trade as rising crude oil prices and West Asia tensions hurt sentiment. Heavy FII outflows added pressure, while select IT and financial stocks limited broader market losses
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Global crude oil prices surged after US President Donald Trump warned of potential strikes on Iran, heightening supply concerns. Ongoing West Asia conflict disrupted Strait of Hormuz flows, pressured markets, impacted currencies, and kept investors cautious despite slight declines in gold prices
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Indian rupee surged 1.7%, its biggest gain in over 12 years, after Reserve Bank of India tightened curbs on currency speculation and offshore derivatives. Gains came amid global market weakness, rising crude prices, and falling Asian equities and domestic indices
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Gold prices rose 5.77 per cent during the week amid geopolitical tensions and easing crude oil prices. Analysts expect continued volatility as traders monitor Middle East developments, crude oil movements and global central bank policy signals.
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Nayara Energy raised petrol by Rs 5 per litre and diesel by Rs 3, becoming one of India’s first fuel retailers to pass on crude price hikes amid Middle East tensions. State-owned firms have kept prices unchanged since April 2022
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Indian stock markets rallied for the second straight day, with Sensex and Nifty gaining nearly 2 per cent, as falling crude oil prices and hopes of de-escalation in West Asia improved global sentiment and boosted investor confidence