Oil prices set for biggest quarterly drop since Covid as markets watch uncertain US-Iran talks

Oil prices were on track on Tuesday for their biggest quarterly decline since the early months of the Covid-19 pandemic in 2020, as investors closely monitored the possibility of fresh US-Iran talks amid growing uncertainty over a fragile ceasefire agreement.Brent crude futures for August delivery, which expire on Tuesday, rose 12 cents, or 0.16%, to … Read more

Oil prices ease as investors await US-Iran talks; Brent crude falls to $72 per barrel

AI generated image, used only for representative purpose Oil prices continued to ease on Tuesday as markets tracked the outcome of potential US-Iran engagement in Doha, even as weekend missile exchanges signalled instability. This comes after the two sides reached an interim peace deal aimed at ending the four-month conflict.Around 7 am IST, WTI crude … Read more

US-Iran war: Moody’s confident India can withstand fiscal deficit target breach without impacting rating

Concerns over the country’s fiscal outlook intensified after crude oil prices surged amid the conflict in the Middle East. (AI image) US-Iran war impact: India is well positioned to absorb a fiscal deficit that may be more than the current projections this year without putting its investment-grade sovereign rating at risk, according to Moody’s Ratings, … Read more

Stock Market Live Updates Today: BSE Sensex opens in green; Nifty50 above 24,050 on US-Iran conflict uncertainties; crude oil edges up

Sensex Today Live: Cautious start expected “Indian equity markets are expected to open on a flat-to-cautiously positive note, with Gift Nifty trading at 24,100, down by 5 points. Asian markets were mixed in early trade as investors assessed month-end portfolio rebalancing flows while closely monitoring developments surrounding the reported US-Iran ceasefire and upcoming diplomatic discussions. … Read more