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Business News: Read latest Business News headlines, LIVE share market news and updates, financial, economic and banking news from India & across the World on Mint.
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Saudi pipeline outage threatens loss of 4% of global oil supply
5+ hour, 56+ min ago (499+ words) Saudi Arabia will run out of oil stocks for exports if it doesn't restart its major pipeline to the Red Sea within days, leading to a loss of up to 4% of global supply, Saudi oil buyers and traders said. A…...
Iran war LIVE Updates: Trump says Iran ‘probably’ behind Saudi oil pipeline attack; vessel in Strait of Hormuz hit | Today News
23+ hour, 28+ min ago (619+ words) Iran war LIVE Updates: Iranian President Masoud Pezeshkian distanced his government from the confrontation between Saudi Arabia and the Iran-backed Houthis. “We are not at war with Saudi Arabia. The Houthis have their own issues," he was quoted as saying....
Oil Pushes Further Above $100 as Middle East Conflict Deepens | Stock Market News
3+ day, 1+ hour ago (461+ words) (Bloomberg) -- Oil extended its powerful rally above $100 a barrel following an escalation of hostilities in the Middle East that has stoked fears of deeper supply disruptions. West Texas Intermediate traded near $104 a barrel after surging almost 7% in the previous session,…...
Brent crude tops $105 a barrel as tanker attacks intensify in Middle East; Saudi output cut fuels concerns | Stock Market News
3+ day, 10+ hour ago (646+ words) Crude oil prices surged on Thursday, September 10, with Brent crude climbing above $105 a barrel, as escalating attacks and disruptions across key Middle East shipping routes intensified concerns over global oil supplies. Iran-backed Houthi militants have taken control of Yemen’s Red…...
Brent crosses $100 as West Asia war raises pressure on India???s economy
4+ day, 9+ hour ago (481+ words) New Delhi: Brent crude crossed $100 a barrel for the first time in six weeks as the escalating war in West Asia raised the prospect of tighter supplies, threatening to widen India’s oil import bill and add to inflationary and fiscal…...
Gold Holds Decline as Mideast Tensions Bolster Rate-Hike Case | Stock Market News
4+ day, 23+ hour ago (363+ words) (Bloomberg) -- Gold held a three-day decline, as fresh attacks on ships in the Middle East added to inflationary risks and raised prospects for a US interest-rate hike. Bullion was little changed near $4,350 an ounce, having dropped 2.6% over the last three…...
US stocks mixed as Middle East conflict pushes oil prices higher | Stock Market News
5+ day, 10+ hour ago (183+ words) The Dow Jones Industrial Average fell 0.57%, the S&P 500 fell 0.01%, the Nasdaq Composite rose 0.08% US stocks mixed as Middle East conflict pushes oil prices higher The Dow Jones Industrial Average fell 0.57%, the S&P 500 fell 0.01%, the Nasdaq Composite rose 0.08% US…...
Oil Steadies After Rally as Trump Sees Short-Lived Iran Strikes | Stock Market News
1+ week, 3+ day ago (379+ words) Oil steadied after a three-day rally as President Donald Trump said renewed attacks on Iran would be short-lived, while US officials signaled robust energy flows through the Strait of Hormuz. Brent traded near $95 a barrel after surging more than 8% over…...
Gold Slips as Renewed Mideast Tensions Keep Fed Hike Bets Alive | Stock Market News
1+ week, 6+ day ago (288+ words) (Bloomberg) -- Gold edged down as renewed geopolitical risks stoked concerns about inflationary pressures that could make the Federal Reserve hike interest rates, a headwind for the precious metal. Bullion fell 0.5% as escalating tensions in the Middle East sent US crude…...
China’s August LNG Imports Set to Drop as High Prices Hit Demand | Stock Market News
1+ week, 6+ day ago (303+ words) (Bloomberg) -- China’s imports of liquefied natural gas are set to drop this month from a year earlier, according to ship-tracking data, as higher prices triggered by the war in the Middle East weighed on consumption. Deliveries are estimated at around…...