Tag: Iran War
Centre mulls insurance support for exporters dealing with ongoing West Asia crisis: Piyush Goyal
New Delhi: The government is considering developing an insurance scheme to support exporters dealing with the ongoing West Asia crisis, said Commerce and Industry Minister…
Iran war wipes out ₹25 lakh crore in investor wealth in just five sessions| Business News
India’s stock market extended their steepest slide in six years due to an escalating Iran war. That’s wiped out more than ₹25 lakh crore in…
‘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…
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…
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…
Forget oil and gas, a bigger Iran war risk is shaping up
The escalating Iran war focused global attention on the Strait of Hormuz, the narrow maritime corridor that carries a fifth of the world’s oil supply….
Gold stuck in Dubai is being sold at a discount as Iran war widens| Business News
Gold is being offered at a steep discount in Dubai, as the Iran war grounds flights and hampers suppliers’ ability to move bullion out of…