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The unfolding Middle East crisis extended to Iran’s energy infrastructure as Israel launched an attack on a giant gas field in the Persian Gulf, threatening further turmoil for markets. Israel’s strike on Saturday triggered a powerful explosion and fire at a natural gas processing facility linked to Iran’s giant South Pars field. The hit on…
US stock market ended sharply lower on Friday, led by losses in financials and information technology stocks, after conflict in the Middle East escalated as Iran launched counterstrikes at Israel. The Dow Jones Industrial Average dropped 1.79% to 42,197.79, while the S&P 500 declined 1.13% to end at 5,976.97. The Nasdaq closed 1.30% lower at…
Crude oil prices jumped over 7% on Friday as Israel – Iran conflict raised worries of a wider disruption in oil exports from the Middle East. Brent crude oil futures gained $4.87, or 7.02%, to settle at $74.23 a barrel after earlier soaring over 13% to an intraday high of $78.50, the strongest level since…
Israel’s attack on Iran Friday has catapulted their long-running conflict into what could become a wider, more dangerous regional war and potentially drive prices higher for both businesses and households. Oil and gold surged and the dollar rose as markets retreated, signaling a flight to investments perceived as more safe. After years of sky-high inflation…
The strikes reportedly came in response to Iran being on the brink of developing nuclear weapons, amplifying the instability across West Asia and fuelling fears about oil prices remaining stubbornly high. The Israel-Iran conflict has sent Brent crude prices soaring above $75 a barrel, stoking fears of inflationary pressure driving up input costs and threatening…
Bitcoin prices fell 3% on Friday, in line with other cryptocurrencies after Israel launched airstrikes on Iran in a major escalation in the Middle East geopolitical tensions. The largest digital asset, Bitcoin prices slipped as much as 3% to around $103,000 before paring losses, according to data on CoinMarketCap. The second largest cryptocurrency. Ethereum prices…
Stocks to buy under ₹100: Following weak global cues amid the rising Israel-Iran conflict, the Indian stock market witnessed sharp selling pressure on Thursday. The Nifty 50 index crashed 253 points and closed at 24,888, the BSE Sensex nosedived 823 points and ended at 81,691, while the Bank Nifty index finished 377 points lower at…
Buy or sell stocks: Following weak global cues amid the rising Israel-Iran conflict, the Indian stock market witnessed sharp selling pressure on Thursday. The Nifty 50 index crashed 253 points and closed at 24,888, the BSE Sensex nosedived 823 points and ended at 81,691, while the Bank Nifty index finished 377 points lower at 56,082….
Tesla CEO Elon Musk and investors are beginning to understand more how much the U.S. government has control over the companies that Musk’s running, said Cathie Wood, CEO of asset management firm ARK Investment Management, in a video published late Friday. Wood’s comments come after Musk departed the Department of Government Efficiency. On Tuesday, Musk…
India-Pakistan conflict: India-Pakistan conflict: Shares of Lockheed Martin, the manufacturer of the F-16 fighter jets prized by Pakistan, have remained lacklustre over the past month, following India’s Operation Sindoor. During the four-day military conflict with India, which took place in May, Pakistan deployed fighter jets like F-16 and J-10, drones and missiles, but its attempts…