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Searched Tag: crude oil prices
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West Asia war: Stock markets slump over 2 pc

March 30, 2026, 07:12 PM - 5 min read

Weak cues from Asian markets and persistent foreign fund outflows further deepened the bearish tone in domestic equities. Extending losses for the second consecutive session, the 30-share Sensex plunged 1,635.67 points, or 2.22 per cent, to close at 71,947.55.

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Rupee rebounds 128 paise against dollar after RBI intervention

March 30, 2026, 11:35 AM - 2 min read

The Central Bank directed banks to limit their net open position (NOP-INR) in the foreign exchange market to $100 million, with compliance required by April 10. Investors said the rupee opened stronger as banks, which generally hold long positions, began cutting their exposure in the onshore currency market following the RBI directive.

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Stock markets rally as West Asia situation eases

Stock markets rally as West Asia situation eases

March 25, 2026, 08:05 PM - 3 min read

The 30-share BSE Sensex climbed 1,205 points, or 1.63 per cent, to close at 75,273.45. During the day, it had touched a high of 75,849.76, gaining 1,781.31 points or 2.40 per cent.

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Inside Iran’s proxy network

Inside Iran’s proxy network

March 24, 2026, 05:29 PM - 6 min read

Hamas has been devastated by the Israeli onslaught that followed the October 7 terrorist attacks in southern Israel. This has left the group unable to play a part in the Iran war. Hezbollah, on the other hand, entered the conflict early on. But it finds itself damaged to the point it constitutes a far greater threat to Lebanese stability than it does to Israel. The Houthis, meanwhile, have been conspicuous by their absence.

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Rupee sinks to all-time low

March 20, 2026, 08:42 PM - 2 min read

The rupee slumped 64 paise to a record low of 93.53 against the US dollar on Friday, hit by surging crude oil prices, foreign fund outflows and rising global uncertainty.

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Rupee at record low, 92.40 against US dollar

March 17, 2026, 06:52 PM - 3 min read

The rupee weakened by 12 paise to close at a record low of 92.40 (provisional) against the US dollar on Tuesday, weighed down by rising crude oil prices and continued foreign fund outflows amid tensions in West Asia.

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Crude oil prices plunge after Trump signals Iran war nearing end

Crude oil prices plunge after Trump signals Iran war nearing end

March 10, 2026, 09:33 AM - 2 min read

The steep decline came after Trump, speaking late on Monday at his Miami golf course, stated that the United States was “achieving major strides towards completing our military objectives” and that “we are getting very close to achieving all of our objectives soon.”

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Since the outbreak of the Iran war, crude prices have risen more than 50 per cent in just ten days. Analysts warn that further escalation could push prices even higher. 

Crude oil prices surge past $100 for first time since 2022

March 9, 2026, 09:05 AM - 2 min read

Brent Crude, the global benchmark, jumped more than 20 per cent on Sunday, briefly crossing $111 per barrel as market panic intensified over the critical chokepoint’s blockade.

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Oil price surge exposes a fragile, outdated global supply chain

Oil price surge exposes a fragile, outdated global supply chain

March 4, 2026, 01:59 PM - 6 min read

The mere possibility that several million barrels per day could be disrupted is enough to push prices up, even before supply is properly hit. This reflects a broader feature of geopolitical risk: expectations and perceptions can be as economically powerful as material disruptions.

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Govt Role Key To Limit Oil Price Impact RBI Highlights In Paper.

India must stay vigilant amid rising global oil prices: RBI

July 24, 2025, 06:49 PM - 3 min read

While active government intervention has contained spillover to domestic oil prices, policymakers need to remain vigilant and cautious of the direct and indirect impact of evolving global crude price dynamics through continuous assessment, given India’s increasing dependence on crude oil imports.

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Union Minister for Petroleum and Natural Gas Hardeep Singh Puri. (File photo)

India's oil stocks adequate, even if Hormuz closes, assures Puri

June 23, 2025, 10:01 AM - 4 min read

The Indian government has assured citizens of stable fuel supplies as Iran threatens to close the Strait of Hormuz, a key oil route, amid rising tensions following US airstrikes.

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A ‘well-oiled’ economy in jeopardy

June 19, 2025, 04:18 PM - 4 min read

Escalating tensions in the Middle East have already sent oil prices soaring. Will India’s ‘resilient’ economy be able to withstand the tremors in global markets and disruption in oil supply routes?

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