"oil-prices"

Luiz Inácio Lula da Silva accused the United States of fabricating claims to justify war against Iran, urging UN Security Council action. Strikes disrupted global oil supply, raised fuel prices, and damaged critical civilian infrastructure and services

Benchmark indices Sensex and Nifty tumbled in early trade as escalating conflict in West Asia pushed crude oil prices higher and triggered heavy foreign fund outflows. Rising geopolitical tensions and global market weakness weighed heavily on investor sentiment.

Iran launched missiles and drones at Israel and Gulf states, escalating tensions despite Donald Trump claiming peace talks. Ongoing strikes, disputed negotiations and Strait of Hormuz tensions continue to impact oil prices and regional stability

Global oil prices fell as the US signaled potential easing of sanctions on Iranian crude, easing Strait of Hormuz tensions. Brent dropped 3.39%, WTI 3.22%. Indian markets rebounded, while US equities closed slightly lower amid mixed global trading

Global oil prices fell over 3 percent after recent gains, amid volatile West Asia tensions. Despite conflict escalation involving Iran, the US and Israel, concerns over restricted Strait of Hormuz flows and stalled security efforts continue to unsettle markets and supply outlook

Asian markets rose Tuesday as investors watched developments in the Iran war and oil prices. Tokyo and Seoul led gains while US stocks stayed mostly steady. Oil remained below recent highs amid hopes the conflict may ease, reducing risks to global energy supply

Iran launched fresh missile attacks on Israel and US bases as the Middle East war entered its sixth day. Israel struck Hezbollah in Lebanon, killing civilians and militants, while tensions spread regionally, rattling oil markets and prompting diplomatic clashes in Seoul

BSE Sensex and NSE Nifty plunged over 2% as West Asia conflict escalated, driving Brent crude higher. Major losers included Tata Steel and Larsen & Toubro

Asian markets plunged as the Iran-US-Israel conflict escalated, with South Korea’s Kospi falling over 12% and oil prices surging. Investor fears over supply disruptions through the Strait of Hormuz drove global market volatility and rising inflation concerns

The Israel-Iran war raises fears Iran may block the Strait of Hormuz, a vital oil route. Such a move could spike global oil prices and disrupt supply, though analysts believe US military intervention would likely reopen the strait quickly

Oil prices surged after Israel attacked Iran’s South Pars gas field amid escalating tensions. While analysts expect temporary price hikes, any disruption to the Strait of Hormuz or broader conflict could lead to lasting price increases

Oil prices jumped over 9% after Israel attacked Iran’s nuclear sites, raising tensions. Iran may retaliate, risking wider conflict. Despite supply risks, markets are well-stocked. India’s inflation and economy remain stable for now, says Emkay Global

In early trade at the interbank foreign exchange, the rupee opened at 86.22 against the US dollar, marking a gain of 46 paise from its previous close. It later strengthened further to 86.17. On Wednesday, the local currency had settled at 86.68 against the greenback.

There can be no solution unless Israel and Palestine shed their extreme postures and work towards lasting peace

Forex traders noted that subdued sentiment in the domestic equity markets, along with significant foreign fund outflows over the past three days, hindered any recovery in the rupee. In the interbank foreign exchange market, the local currency opened at 83.96 against the US dollar but was unable to recover from the sharp decline experienced in the previous session.

Forex traders noted that the recent drop in oil prices, now around USD 77 per barrel, is a major boost for the rupee due to India's high oil import costs. In the interbank foreign exchange market, the rupee opened at 83.93, strengthened to 83.88, marking a 5 paise increase from its previous close.

Oil prices spiked last month following US-led strikes on Houthi targets in Yemen in response to repeated attacks on commercial ships in the Red Sea.

The Israel and Palestinian territories are not oil producers, but the Middle Eastern region accounts for almost a third of global supply.

According to Jateen Trivedi, VP Research Analyst at LKP Securities, the capital market experienced profit booking, particularly in the financial sector, which had an impact on the rupee's performance.

The rupee appreciated 7 paise to 79.84 against the US dollar in early trade on Tuesday in line with a positive trend in domestic equities.