Keywords: Oil prices


Asia’s currencies are flashing oil shock alarm

Asian currencies are under increasing pressure as rising global oil prices trigger concerns about a wider financial and economic shock across the region. Several Asian economies, particularly major oil-importing countries, are facing significant currency depreciation as energy costs climb and global......

Global markets rebound after report on possible Iran sanctions relief

Global financial markets recovered from steep early losses on Monday after reports emerged suggesting the United States could temporarily ease sanctions on Iranian oil exports during ongoing diplomatic talks. The late session reversal helped calm investors rattled by escalating tensions between Washington......

European stocks fall as Gulf tensions fuel inflation fears

European equity markets fell on Monday as rising geopolitical tensions in the Gulf and renewed inflation concerns weighed on investor sentiment, with energy prices remaining elevated due to the ongoing conflict between the United States and Iran. The downturn extended a broader global risk-off move,......

Bank of Korea official warns of rising inflation concerns amid global uncertainty

A newly appointed member of the Bank of Korea has warned that inflation concerns are increasing as global economic uncertainty continues to affect energy prices and financial markets. Speaking in Seoul, board member Kim Jin-ill stated that higher oil prices linked to tensions in the Middle East are......

Iran says Hormuz Strait remains open under naval coordination rules

Iranian Foreign Minister Abbas Araghchi said Thursday that the Strait of Hormuz remains open to all commercial shipping provided vessels coordinate with Iranian naval forces before transit. The comments were delivered on the sidelines of the BRICS foreign ministers meeting in New Delhi as tensions continue......

India evaluates pressure on fuel retailers amid rising global oil prices

The Indian government is closely monitoring the financial situation of state-run fuel retailers as global oil prices continue to rise due to geopolitical tensions in the Middle East. Hardeep Singh Puri stated that authorities will eventually need to assess how long public fuel companies can continue......

Indian rupee and bonds eye inflation data amid ongoing Iran conflict

The Indian rupee and government bond markets are expected to remain highly sensitive to upcoming inflation data as global investors continue to monitor geopolitical tensions linked to the ongoing conflict involving the United States and Iran. The currency and debt markets in India have been influenced......

European markets cautious as U.S.-Iran tensions weigh on investor sentiment

European stock markets showed limited movement on Monday as investors closely monitored ongoing tensions between the United States and Iran, which continue to affect global energy markets and financial sentiment. The pan-European STOXX 600 index remained broadly stable, while major regional markets......

India's new 10-year bond likely to be issued at above 7% coupon, analysts say

India is preparing to issue a new 10-year government bond that is expected to carry a coupon rate above 7%, according to market analysts. This would mark the first time in two years that such a level has been reached, reflecting growing pressure on borrowing costs. The government plans to raise around......