Oil prices tanked and equities rallied on Tuesday (March 10, 2026) following a wild day of swings that came after Donald Trump said the U.S.-Israel war on Iran would be ending earlier than thought. As the crisis in the crude-rich West Asia continued into a second week, with seemingly little sign of a conclusion on…
Gold advanced after President Donald Trump signaled the war in West Asia could be nearing an end, sending the US dollar and oil prices lower. Bullion rose as much as 0.9 per cent to top $5,180 an ounce, wiping out a decline in the previous session. Trump said the conflict would be resolved “very soon”…
The U.S. stock market careened through a manic Monday (March 9, 2026), going from a steep early loss to a solid gain as worries turned into hope that the war with Iran may not last that long. Oil prices whipped from nearly $120 per barrel, their highest since 2022, back toward $90. The S&P 500…
Image for representative purposes only. | Photo Credit: ANI India will not be raising the retail price of petrol, despite benchmark crude oil prices breaching $100 per barrel on Monday (March 9, 2026), a highly placed source in the Union government told The Hindu. West Asia conflict oil hike, market reactions LIVE “We have never…
Gold prices in the US were down 1.2 per cent to $5,098 an ounce after shedding 2 per cent in the earlier session as dollar strengthened against major currencies The sharp depreciation of the rupee against dollar has cushioned domestic bullion prices from the impact of global slide in gold prices. The rupee depreciated to…
This image is used for representational purposes only. | Photo Credit: Reuters The rupee crashed to its all-time closing low of 92.35 (provisional) against the U.S. dollar on Monday (March 9, 2026), losing 53 paise during the session, as global crude oil prices saw a sharp spike, and the greenback strengthened amid worsening conflict in…
The escalating crisis in West Asia has dramatically changed the outlook for Asian central banks, with the huge supply shock posing a difficult trade-off between underpinning growth and countering inflation. For emerging Asian central banks, cutting interest rates has become a risky bet not just because of the added price pressure from higher fuel costs,…
Finance Ministers and Central Bank Governors pose for the family picture at the G7 Finance Ministers meeting in Stresa, northern Italy. File | Photo Credit: AP The Group of Seven (G7) Finance Ministers will discuss on Monday (March 9, 2026) a joint release of oil from emergency reserves coordinated by the International Energy Agency, a…
The U.S. has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said. However, the move, he said is a short-term, pragmatic effort to stabilise the market…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Investors in Indian stock market sold big at open pushing the benchmark indices down by 3% on March 9, 2026. Nifty opened at 23,868.05 points, down and Sensex at 77,056.75 points. As of 9:37 a.m, they’re trading at 23,769 points and 76,715.44 points. These…
