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Proposed U.S. Oil Blockade Could Drive Export Boom but Raise Fuel Costs

A potential U.S. move to impose a naval blockade in the Strait of Hormuz is expected to significantly reshape global oil flows—boosting American exports while raising concerns about rising fuel prices worldwide. Reports indicate that U.S. crude shipments are already on track to reach record levels this month, with dozens of supertankers heading toward the […]

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Rupee Steady as FPI Outflows and Global Factors Weigh on Markets

New Delhi : Despite persistent foreign portfolio investor (FPI) outflows and mounting global economic pressures, the Indian Rupee demonstrated resilience in February, avoiding sharp depreciation. A report by the Bank of Baroda attributes this stability to a relatively steady US dollar and strategic interventions by the Reserve Bank of India (RBI). The report highlights that […]

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