BAGHDAD, Iraq — Iran has granted special permission for a number of Iraqi oil tankers to pass through the Strait of Hormuz after repeated requests from Baghdad, potentially easing a major obstacle for Iraq’s crude exports amid continued disruption in the strategic waterway.
टैग: Crude Oil
NIFTY50 Weekly Outlook: Crude Oil, Fed Minutes and FII Activity in Focus
MUMBAI, India — The NIFTY50 is set to face several potential market triggers this week, with crude oil prices, minutes from the US Federal Reserve and foreign institutional investor activity highlighted as key factors for investors to monitor.
Oil Prices Rise as Hormuz Reopening Hopes Face New Uncertainty
PERTH, Australia — Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to keep traders cautious, with Iran saying discussions with Oman on new shipping lanes were in their final stages but stressing that additional conditions involving the United States still needed to be met.
Iran Says Hormuz Deal Is Near, But US Must Meet Key Conditions
DUBAI/WASHINGTON/CAIRO — Iran said on Sunday that an agreement with Oman to establish new shipping lanes through the Strait of Hormuz had reached its “final stages”, but stressed that the strategically important waterway would not reopen until the United States met additional conditions set by Tehran.
NIFTY50 Outlook: Key Market Triggers Next Week
NEW DELHI, India — Indian equity markets enter the coming week with several domestic and global triggers in focus, including India’s July retail inflation data, Q1 corporate earnings, U.S. inflation figures, Foreign Institutional Investor (FII) activity and developments in U.S.-Iran peace negotiations. The NIFTY50 ended the previous week at 24,570 after gaining around 0.7%, while the SENSEX rose approximately 0.5% to 78,499.
Stock Market Today: Sensex Falls 456 Points, Nifty Ends Below 24,600 Amid Global Uncertainty
Stock Market Today: Indian equity benchmarks ended Friday’s trading session on a negative note as investors remained cautious amid renewed geopolitical concerns, persistent foreign institutional investor (FII) selling, weak global market sentiment and selling pressure in financial stocks. The broader market remained under pressure throughout the session, with both the Sensex and Nifty 50 closing in the red.