‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News
The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….
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…
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…
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…
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…
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…
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…
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…
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…
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…