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2026-03-17 02:12:19| The Economic Times

Oil prices surged over 2% as the Strait of Hormuz faces significant disruption due to the ongoing U.S.-Israeli war on Iran. Allies have rebuffed calls to escort tankers, raising supply shortage concerns. The UAE has already reduced production, and some banks have revised longer-term price forecasts upwards.

Category: News and Media

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2026-03-17 02:07:16| The Economic Times

Asian equities opened higher, mirroring Wall Street's optimism that more tankers could navigate the Strait of Hormuz. Despite a rebound in Brent crude, concerns over potential supply disruptions and inflation persist as central banks prepare for key meetings this week.

Category: News and Media

2026-03-17 01:54:51| The Economic Times

Indian equities are at a market midnight, facing mixed signals after an 18-month sell-off. While some see buying opportunities, valuations remain elevated, suggesting caution. Geopolitical tensions and AI disruptions overshadow deeper concerns, making aggressive buying difficult but a full exit unwarranted.

Category: News and Media

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