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Tag: oil prices surge

  • Sensex drops 900 points as oil prices surge amid US-Iran tensions

    The Sensex today fall reflects mounting pressure on Indian equities, as rising crude costs triggered a sharp Nifty market drop and intensified India market volatility. Benchmark indices slipped significantly on April 9, 2026, with the BSE Sensex plunging nearly 900 points and the NIFTY 50 declining over 200 points during intraday trade. Markets opened weak…

  • Oil shock pause? Strait of Hormuz reopening sparks global relief but raises big questions

    The Strait Hormuz reopening has emerged as a critical turning point in the ongoing geopolitical crisis, as a last-minute US Iran ceasefire agreement has temporarily restored one of the world’s most vital energy corridors. Iran announced a two-week safe passage window through the Strait of Hormuz, a move that comes after weeks of escalating tensions…

  • $113 WTI shock! Trump’s Iran warning fuels massive oil surge

    Global energy markets extended their rally on April 7, 2026, as a sharp oil prices surge reflected deepening concerns over Strait of Hormuz tensions. The WTI crude price climbed to $113.67, while the Brent crude rise pushed global benchmark prices to $110.34 per barrel, signaling growing anxiety over supply disruptions tied to the escalating Middle…