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Global Oil Prices Spike Over 4% as Iran-Gulf Conflict Intensifies, Raising Fears of Supply Disruptions

New Delhi, July 13: Global crude oil markets witnessed a sharp rally on Monday after fresh military tensions in the Gulf region heightened concerns over energy supplies. International benchmark Brent crude climbed above USD 79 per barrel, while US crude futures also recorded gains of more than 4 per cent, reflecting growing uncertainty in global […]

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Indian rupee may breach 87-mark amid heightened global uncertainties

New Delhi – Indian rupee, which has turned volatile in last few days is expected to breach 87-mark due to heightened global uncertainties between Israel and Iran, currency experts said. “The Rupee is projected to depreciate, driven by an increased demand for the safe-haven US Dollar. Elevated crude oil prices, stemming from supply disturbances, are […]

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