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Source: Live Mint (Reuters) -India’s equity benchmarks fell 1% on Monday after U.S. attacks on Iranian nuclear sites fuelled fears of a further escalation in Middle East tensions and pushed oil prices to a five-month high. The Nifty 50 and the BSE Sensex were down 0.9% each at 24,890.03 points and 81,659.09 points, respectively, as…
Source: Live Mint HOUSTON -Oil prices settled down on Friday as the U.S. imposed new Iran-related sanctions, marking a diplomatic approach that fed hopes of a negotiated agreement, a day after President Donald Trump said he might take two weeks to decide U.S. involvement in the Israel-Iran conflict. Brent crude futures settled down $1.84, or…
Source: Live Mint NEW YORK (Reuters) -Major Wall Street indexes closed lower on Friday while oil prices fell after U.S. President Donald Trump held back from immediate military action in the Israel-Iran conflict. All eyes remained trained on the Middle East one week after an initial Israeli assault drew Iranian retaliation. The U.S. imposed Iran-related…
Source: Live Mint Tokyo, Jun 19 (AP) Asian shares retreated Thursday as worries persisted about conflict in the Middle East. Ratcheting up tensions, President Donald Trump warned of the possibility of getting directly involved in the conflict with Israel, while Iran’s supreme leader rejected US calls for surrender. Oil prices and US futures declined. In…
Source: Live Mint Russia failed to reap the full rewards of the recent rally in oil prices, or the increase in its own OPEC output target, as exports slid to a seven-week low. Seaborne crude shipments averaged 3.31 million barrels a day in the four weeks to June 15, a drop of 1% from the period to June…
Source: Live Mint NEW YORK (Reuters) -Stock indexes stayed higher after last week’s losses and a barrel of oil got $1 cheaper on Monday as investors took heart from reports that Iran was seeking to end hostilities with Israel, and stayed confident in their predictions for a busy week of central bank meetings. Oil prices…
Source: Live Mint Santos backs $18.7 bln takeover bid; shares soar Oil prices surge on Middle East tensions Energy stocks hit highest levels since mid-Oct Banks and gold stocks fall on profit-taking – analyst June 16 (Reuters) – Australian shares closed flat on Monday, as a rally in energy stocks driven by higher oil prices…
Source: Live Mint Most Middle Eastern markets dropped on Sunday as investors signaled growing concerns of a wider conflict amid tit-for-tat attacks by Israel and Iran. Egypt’s main stock index was the worst performer among markets that opened for the first time since the attack began on Friday, posting the biggest losses in more than…
Source: Live Mint The strikes reportedly came in response to Iran being on the brink of developing nuclear weapons, amplifying the instability across West Asia and fuelling fears about oil prices remaining stubbornly high. The Israel-Iran conflict has sent Brent crude prices soaring above $75 a barrel, stoking fears of inflationary pressure driving up input…
Source: Live Mint NEW YORK (Reuters) – Oil prices climbed about 2% on Tuesday to a two-week high as persistent geopolitical tensions between Russia and Ukraine, and the U.S. and Iran looked set to keep sanctions on both OPEC members Russia and Iran in place for longer. Brent crude futures rose $1, or 1.5%, to…
