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Brent climbs above $91 as fading US-Iran peace hopes raise supply risks

Brent crude futures climbed 27 cents, or 0.3%, to $91.14 by 0003 GMT, after rising to their highest since July 30 on Monday

China's ByteDance signs AI copyright pact with Hollywood trade group

The deal, which ​covers ByteDance's Seedance video and Seedream image-generation models, follows a cease-and-desist letter the MPA sent in February ​over these tools.

Iran threatens to go on offensive in Hormuz if diplomacy with US fails

There was no ​immediate response to those comments from Washington, but US Prez Donald Trump said in a phone interview with Fox News on Monday that Iran "should put up the white flag of surrender"

US Prez Donald Trump says Iran should surrender, threatens to bomb Oman

An interim deal agreed to in June declared an "immediate and permanent termination ‌of military operations on all fronts", ​but quickly unraveled, with Trump ​saying it was "over" on July 7

Nvidia to invest $1.5 billion in SB Energy under OpenAI data center deal

Leading tech firms are increasingly ​tying together chips, power and data center development ‌as they race to secure the infrastructure needed for ​increasingly power-hungry AI models.

Vijay Shekhar Sharma-controlled Resilient may sell up to 4.98% Paytm stake

Netherlands-based Resilient Asset Management, fully owned by Paytm founder Vijay Shekhar Sharma, will sell up to 4.98% of the fintech firm's stake via a block trade.

Iran works with Oman to finalise Hormuz agreement to manage shipping

The 60-day negotiating period to find a peace deal between the US and Iran was expiring, with no word of an extension and both sides seemingly as far apart as they were at the start.

US Supreme Court again rebuffs Trump in $5 million E Jean Carroll case

Trump denied Carroll's claims and asserted that she lied both in 2019 and again in 2022, while he was out of office

Russia receives Indian gasoline shipment amid domestic fuel shortages

Deputy Prime Minister Alexander Novak said in July that Russia would begin importing oil products to help stabilise the domestic market

Saudi Aramco offers crude oil outside Hormuz to some Asian refiners

In a rare ​move, Aramco is in ​talks with buyers to supply Arab Medium and Arab Heavy crude ​via ship-to-ship (STS) transfers off Fujairah in the UAE, the sources said.

Houthis say they attacked Saudi Arabia's vessels off Yemen's Mocha

Mocha is a Red Sea port near the Bab el-Mandeb Strait, a strategic chokepoint connecting the Red Sea with the Gulf of Aden and an important international shipping route

India set for record soyoil imports as Russia-Ukraine war disrupt shipments

"Soyoil prices are very competitive. At the same time, there are disruptions to sunflower oil shipments. That is making soyoil even more attractive," said Sandeep Bajoria of Sunvin Group

KABIL expects to start lithium production in Argentina in 4-5 years

India's state-owned KABIL is expected to start lithium extraction in Argentina in ​the next four to five years after completing project ​feasibility, a parliamentary panel report on its ops said

Jio-BlackRock to launch regular MF plans through distributors in India

Earlier this month Jio Financial Services and BlackRock ‌launched ​the JioBlackRock Nifty ​50 ETF, marking the joint venture's entry into India's fast-growing exchange-traded fund market.

NCLT chides SpiceJet as last-minute lessor deal forces judgement delay

The hearing took place as years of legal disputes between SpiceJet and the firms that lease it aircraft appeared set to culminate in rulings on eight bankruptcy petitions

CEA calls for E10 petrol option alongside E20 amid consumer concerns

E20 - petrol with 20% ethanol blended in it - was rolled out last year and since April 1, it has been the only fuel available for sale ‌at gas stations across the country

Nestle looks to develop new products to serve users of weight-loss drugs

The rapid adoption of drugs made by Novo Nordisk and Eli Lilly has fuelled investor concerns that appetite-suppressing medicines could permanently reduce demand for packaged foods, snacks and beverage

RBI's heavy FX footprint revives memories of a tightly managed rupee

Despite volatile crude oil prices ​due to war in the West Asia and persistent dollar demand from hedging flows, the rupee has ‌demonstrated remarkably muted price action since last week

CERC allows renewable producers to pay for extended grid connectivity

Power producers can get extra time instead of automatically losing their grid connectivity rights, the CERC said

Oil prices rise as US-Iran peace talks stall, Hormuz shipping slows

Brent crude futures rose as ‌much as 1% to $89.40 per barrel and were last trading up 72 cents at $89.20 by 0229 GMT