The Times of India - Business (2 hours ago)
Oil prices surged Friday as Brent Crude surpassed $96 and WTI neared $99 a barrel, driven by renewed Middle East supply risks. Attacks on Saudi energy infrastructure and ongoing uncertainty around the Strait of Hormuz have disrupted production and added a significant risk premium to global markets.
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Global energy flows are severely restricted through the Strait of Hormuz following a fragile ceasefire. Iran has imposed a strict 15-vessel daily limit, demanding prior approval and rerouting ships closer to its coast. This controlled transit, coupled with threat warnings and potential crypto tolls, creates significant uncertainty and delays for...
ReadThe Times of India - Business (2 hours ago)
Asian markets surged Friday, buoyed by easing Middle East tensions and a global risk sentiment recovery. Despite this optimism, caution persists over the durability of ceasefires and peace talks, with ongoing strikes in Lebanon a key concern. Investors are advised to focus on pre-conflict fundamentals as opportunities emerge.
ReadThe Times of India - Business (5 hours ago)
Stock market recommendations: IndusInd Bank, and IIFL Finance - these are the two stocks that Bajaj Broking Research has recommended for buying today with a one month time horizon. The brokerage has also shared its views and outlook for Nifty, and Bank Nifty.
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