Tag: crude oil price
Posted in Business
Why stock market is down today: Sensex, Nifty crash explained
Indian benchmark indices fell sharply in early trade on Wednesday as fresh US strikes on Iran escalated the Middle East conflict, sending oil prices higher…
Posted in Economy
W.O.R.R is the worry. A four-way assault pummells Indian macro
India’s macroeconomic outlook has darkened abruptly, with four powerful shocks converging at once — War, Oil, Rupee and Rains, or W.O.R.R. A deepening Iran conflict,…
Posted in Economy
$100 oil shock set to strain Asia’s cash-strapped governments
Asia’s governments will have to stretch their budgets or risk unleashing an inflation shock as the deepening conflict in the Middle East pushes oil prices…
Posted in Business
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…