Crude oil prices surged by 2.89% to close at Rs 9,258, propelled by increasing geopolitical tensions and heightened worries regarding potential supply disruptions in the Middle East. The declaration of force majeure by Iraq concerning oilfields managed by foreign companies, coupled with the escalation of U.S. military presence in the area, has intensified concerns regarding Read More
Crude oil prices exhibited an upward trajectory, concluding with an increase of 1.43% at Rs 8998, driven by escalating geopolitical tensions in the Middle East. Recent threats from Iran’s Revolutionary Guards aimed at energy infrastructure in Saudi Arabia, the UAE, and Qatar have heightened apprehensions regarding potential supply disruptions. The uncertainty is compounded by attacks Read More
