Category: Business

Smoke rises following a strike on the Bapco Oil Refinery, amid the U.S.-Israeli conflict with Iran, on Sitra Island Bahrain, March 9, 2026. REUTERS/Stringer (REUTERS)
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Bahrain’s Bapco Energies declares ‘force majeure’ after Iran attack| Business News

Bahrain’s state oil company, now under Bapco Energies, has declared force majeure for its shipments after an Iranian attack set its refinery ablaze. Smoke rises…

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SanDisk is selling this diminutive drive in five storage capacities — 64GB, 128GB, 256GB, 512GB and 1TB. (Official photo)
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SanDisk Extreme Fit reminds us of good storage, small packages, and practicality| Business News

It is no mean feat to achieve storage capacities up to 1TB in a drive that’s no wider than a typical human nail and not…

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A black plume of smoke rises from a warehouse in the industrial area of Sharjah City following reports of Iranian strikes in Dubai on 1 March 2026. (AP)
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Asia’s ultra-rich is having second thoughts on Dubai as Iran war rages| Business News

Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles a city that has attracted billions from across the…

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For Indian airlines like IndiGo, fuel is the second-largest expense after labour, typically accounting for 20% to 25% of total operating costs. (Reuters)
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IndiGo among worst-hit as Iran war delivers crude shock to global airline stocks| Business News

India’s airline stocks took a severe beating on Monday, leading a broader Asian market selloff as surging crude oil prices and an escalating Iran war…

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The SanDisk Extreme Fit uses a USB 3.2 Gen 1 interface. (Official image)
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SanDisk Extreme Fit reminds us of good storage, small packages, and practicality| Business News

It is no mean feat to achieve storage capacities up to 1TB in a drive that’s no wider than a typical human nail and not…

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UBS estimates a sales-to-production ratio of 1:2 for Indian Oil and BPCL, and 2:2 for HPCL. (Reuters)
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Indian Oil, BPCL, HPCL shares slump the most in a year as surge in crude oil prices bites| Business News

Shares of India’s state-run refiners led by Indian Oil Corp. Ltd. saw their steepest declines in more than a year as a widening Iran war…

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A worker operates valves at the Rumaila oil field in Basra, Iraq, to cut nearly 1.5 million barrels per day of output as exports halted due to the effective closure of the Strait of Hormuz amid the Iran war. (Reuters)
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Brent crude oil prices spike toward $120/barrel Iran War forces more production cuts| Business News

Crude oil prices spiked dramatically toward $120/barrel as key Gulf producers curbed output, the vital Strait of Hormuz remained functionally closed, and the US threatened…

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With fundamental pressures mounting on rupee amid surging brent crude oil prices, the market's focus has shifted entirely to Reserve Bank of India. (Reuters)
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Rupee faces record low at open as $117 oil deepens deficit fears| Business News

The Indian rupee is poised to plunge to an all-time low at Monday’s open, battered by a relentless rally in global crude oil prices and…

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Several Asian stock markets fell sharply on Monday as oil prices climbed by more than 25 per cent. (Reuters/File)
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Global oil prices jump over 30% as Middle East conflict escalates

Oil prices surged to $114 a barrel as more major Middle East producers cut production, the Strait of Hormuz remained largely closed, and the United…

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The National Stock Exchange building in Bandra Kurla Complex, Mumbai. The geopolitical premium has already taken a toll on Dalal Street. (Reuters)
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Sensex slumps ~2,500 points, Nifty 50 down 2.8% as oil boils amid Iran war| Business News

India’s stock market slumped at the open today, as the widening Iran war in West Asia sends crude oil prices soaring, threatening to reignite domestic…

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