World Updates

As geopolitical tensions between the United States and Iran escalate, especially around the vital Strait of Hormuz—a conduit that normally handles about 20% of the world’s oil supply—global energy markets are experiencing extreme volatility. Recent events, such as naval blockades and tanker seizures, have seriously hampered transportation and reduced the flow of crude from important … Read more

Following an almost three-month disruption, Russian crude oil shipments to Europe have partially returned as flows via the Druzhba pipeline toward Slovakia and Hungary have resumed. Damage associated with a drone attack during the current confrontation between Russia and Ukraine was the reason for the halt, which started in late January. Slovak authorities claim that … Read more

The prolonged conflict with Iran has caused a dramatic increase in the price of crude oil globally, raising serious concerns for the Indian economy and financial markets. For the second time in a month, HSBC has responded by downgrading Indian stocks from “neutral” to “underweight,” indicating a cautious stance. Since late February, the price of … Read more

Through the Ministry of Petroleum and Natural Gas, the Indian government has vehemently refuted rumors that the price of gasoline and diesel would rise by ₹25 to ₹28 per litre. Officials underlined that no plan for an increase in fuel prices is presently being considered, labeling such statements as deceptive. A analysis by Kotak Institutional … Read more

As rising crude oil prices surpassed $100 per barrel due to growing tensions between the US and Iran in West Asia, Indian financial markets saw a steep fall. Investor confidence has been directly impacted by the situation surrounding the crucial Strait of Hormuz, which has heightened worries about disruptions to the world’s oil supply. Benchmark … Read more