Oil Prices
Oil surges to $108 per barrel amid West Asia war; India denounces strikes
To secure supplies, 13 tankers carrying around 3.5 lakh tonnes of LPG are currently headed from the US to India
 "Oil surges to $108 per barrel amid West Asia war; India denounces strikes")
Indices see worst fall in 21 months as crude shock triggers selloff
Indian equities tumble as crude oil prices spike amid West Asia tensions, fuelling fears of inflation and slowing growth, with indices logging their sharpest fall in nearly two years
 "Indices see worst fall in 21 months as crude shock triggers selloff")
Brent crude hits $115 after Iran attacks energy facilities in West Asia
Qatar's state oil and gas company said the Ras Laffan Industrial City, an energy-industry hub, had suffered "extensive damage" after it was hit by Iranian missiles
 "Brent crude hits $115 after Iran attacks energy facilities in West Asia")
Petrol dealers may face cash crunch as OMCs seek advance payments
Dealers warn of reduced fuel orders as refiners end credit supply amid losses on petrol and diesel sales with retail prices unchanged
 "Petrol dealers may face cash crunch as OMCs seek advance payments")
West Asia war-triggered LPG shortage and a case of reverse migration
From gig and contractual workers to street vendors and students, struggle is now part of everyday life
 "West Asia war-triggered LPG shortage and a case of reverse migration")
Sensex, Nifty extend gains to third day on easing oil volatility
Sensex and Nifty extend gains for a third session on easing crude volatility and bargain buying, though geopolitical tensions and inflation risks continue to cap upside
 "Sensex, Nifty extend gains to third day on easing oil volatility")
Analyst sees Brent in $95-110 band; Bab-el-Mandeb risk may trigger $130/bbl
Three weeks into the most consequential energy shock since the 1973 Arab oil embargo, the full weight of what the Middle East war means for Asia is only beginning to crystallise
Oil prices rise over 2% amid Iran war supply risks as Hormuz remains shut
Brent futures jumped $2.74, or 2.7 per cent, to $102.95 a barrel by 0357 GMT, while US West Texas Intermediate crude gained $2.45, or 2.6 per cent, to $95.95
Iran war impact: Emkay sees Nifty at 21,000; lists top 3 stocks to buy now
Emkay Global warns of a 10-per cent downside in Nifty as Iran war volatility keeps crude oil above $100 per barrel. It has picked HDFC Bank, Eternal, and Max Healthcare as top stocks to buy now.
 "Iran war impact: Emkay sees Nifty at 21,000; lists top 3 stocks to buy now")
Iran war: OIS curve surges as crude oil rally fuels repo-rate hike bets
Sharp rise in OIS rates suggests markets are pricing in possible RBI rate hikes this year if elevated crude oil prices sustain inflationary pressures
 "Iran war: OIS curve surges as crude oil rally fuels repo-rate hike bets")
Crude futures rise to ₹9,171/barrel on strong global cues; Brent hits $106
On the Multi Commodity Exchange (MCX), crude oil for March delivery increased by ₹119, or 1.31 per cent, to ₹9,171 per barrel in a business turnover of 12,745 lots
Iran war pushes oil above $100; $110 crude may force fuel price hike: Elara
Crude oil above $110 could become a "breaking point" for India, forcing fuel price hikes and pressuring government finances, says Elara Capital. Notably, oil prices hit $106 per barrel on Monday
 "Iran war pushes oil above $100; $110 crude may force fuel price hike: Elara")
West Asia conflict likely to keep rupee under pressure amid oil surge
Third year of consecutive BoP deficit if oil stays above $100/bbl, to weigh on rupee
 "West Asia conflict likely to keep rupee under pressure amid oil surge")
Stabilising the Indian economy: Why currency depreciation is a good idea
Inflation targeting plus floating exchange rate plus open capital account
 "Stabilising the Indian economy: Why currency depreciation is a good idea")
Oil prices poised to gain as West Asia conflict threatens exports
Oil prices may rise further as the US-Israel conflict with Iran threatens key Gulf energy infrastructure and keeps the Strait of Hormuz closed, triggering the biggest supply shock in years
 "Oil prices poised to gain as West Asia conflict threatens exports")
Costlier oil could lift inflation, slow India's growth in H1FY27: Fitch
Persistently high oil prices could push up retail inflation faster than expected and slow India's economic growth in the first half of FY27, Fitch Ratings said in its latest outlook
 "Costlier oil could lift inflation, slow India's growth in H1FY27: Fitch")
Gold set for weekly drop as oil price surge weighs on rate-cut hopes
As oil prices surged, US President Donald Trump again demanded Fed Chair Jerome Powell cut interest rates
 "Gold set for weekly drop as oil price surge weighs on rate-cut hopes")
Oil prices decline as Indian tanker sails out of Strait of Hormuz
An India-flagged oil tanker moved out from the east of the Strait of Hormuz carrying gasoline bound for Africa, an Indian government official said on Friday
 "Oil prices decline as Indian tanker sails out of Strait of Hormuz")
WTI seen at $80-85 near term; Hormuz risk may keep prices volatile: Analyst
Oil prices rose sharply after Iran's Supreme Leader, Ayatollah Mojtaba Khamenei, said that Tehran could leverage the potential closure of the Strait of Hormuz and warned of attacks on Gulf Arab states
Brent tops $100 as Iran attacks tankers in Iraq, Oman clears oil terminal
The global benchmark soared as much as 10.5 per cent to $101.59 a barrel, while West Texas Intermediate surged near $96
 "Brent tops $100 as Iran attacks tankers in Iraq, Oman clears oil terminal")