Multiple sectors will come under pressure, complicating the government's plans for the year
The oil crisis is unfolding amid record global debt, fragile supply chains, and emerging market volatility
Latest sanctions by EU banning imports of fuels made from Russian crude oil from January has hurt India's sales, say industry sources
Iran warns of severe retaliation against US ground forces as conflict escalates, with experts cautioning long-term global economic fallout from damaged energy infrastructure
Elevated oil prices and prolonged West Asia crisis may hit earnings, but staggered investing offers opportunity for long-term investors, says Nippon MF CIO
Foreign investors have sold a net $12.14 billion worth of Indian shares since the war began on February 28, marking the biggest monthly outflow on record
Brent crude futures rose by $2.73, or 2.53%, to $110.74 a barrel by 1257 GMT. U.S. West Texas Intermediate futures were up $2.39, or 2.53%, at $96.87
US-Iran clashes weigh on sentiment. Dollar rises as safe-haven appeal revives
West Asia conflict triggers sharp sell-off in Indian markets, with realty, banking and auto stocks leading losses amid energy shock fears
The cost of the Indian basket, however, has increased more sharply to over $156 per barrel due to disruptions in supplies from West Asia
Oil jumps over 3% as Middle East tensions threaten supply, with Hormuz disruption and global outages intensifying fears of a prolonged energy crisis
Brent futures rose $1.13, or 1.1 per cent, to $103.35 a barrel by 0051 GMT, while US West Texas Intermediate crude futures were up $1.08, or 1.2 per cent, at $91.40 a barrel
Union minister flags energy security risks amid West Asia tensions; project expected to boost reserves and add over seven days of crude cover
Weaponising trade chokepoints has fragmented global markets like crude oil, leading to sharp regional price variations
Interestingly, while the ongoing conflict has serious implications for the smaller oil-importing Asean economies, China may stand to benefit for several reasons
Mohammed Imran, research analyst at Mirae Asset Sharekhan, maintains the Q2 2026 Brent target of $110/bbl and WTI at $100
S&P 500 futures rose 0.9 per cent in the Asia morning, European futures lifted 1.2 per cent and Brent crude futures fell about 6 per cent to $98.30 a barrel
Indian equities rallied after the US delayed strikes on Iran, but gains were capped by elevated oil prices and continued uncertainty around the conflict
The Trump administration on Friday issued a 30-day sanctions waiver for the purchase of Iranian oil already at sea
The ongoing oil crisis risks becoming a lost opportunity unless the government outlines a clear plan to reform exploration policies and boost India's domestic crude oil output