Sensex up ~2,000 points, Nifty 50 gains 2.71% on hopes Iran war could end soon| Business News

Sensex up ~2,000 points, Nifty 50 gains 2.71% on hopes Iran war could end soon| Business News

India’s stock market opened higher on Wednesday, mirroring gains in Asian peers, as hopes of a potential de-escalation in Iran war eased concerns over surging crude oil prices and global inflation. The National Stock Exchange building in Bandra Kurla Complex, Mumbai. (Livemint) The S&P BSE Sensex rose as much as 2.73%, or 1,968.98 points, to…

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'No choice': Asian nations tap Russian oil under US waivers amid Middle East war

‘No choice’: Asian nations tap Russian oil under US waivers amid Middle East war

Representative image (AI-generated) With the near-closure of the Strait of Hormuz disrupting global oil supplies, several Asian countries are turning to Russian oil to fill the gap caused by the Iran war.Energy-starved nations in the region are taking advantage of US sanction waivers to secure Russian crude, Bloomberg reported. The Philippines recently received its first…

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Crude Oil Price: Oil prices today: Crude climbs as markets weigh Trump’s signal on possible end to Iran war

Crude Oil Price: Oil prices today: Crude climbs as markets weigh Trump’s signal on possible end to Iran war

Representative image (AI-generated) Oil prices rose on Wednesday, with Brent crude climbing above the $100 per barrel mark and US West Texas Intermediate (WTI) crude also gaining sharply.Brent crude rose by 0.63 per cent to $104.63 per barrel. WTI crude rose by 0.95% to $102.34 per barrel, while WTI futures for June rose 46 cents,…

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Asian stocks today: Markets rallied as hopes grew that Iran war could end soon; Kospi jumps 5.5%, Nikkei rises 3.9%

Asian stocks today: Markets rallied as hopes grew that Iran war could end soon; Kospi jumps 5.5%, Nikkei rises 3.9%

Asian shares rallied in early trade on Wednesday after hopes grew that the Iran war could end soon.MSCI’s broadest index of Asia-Pacific shares outside Japan rose by 2.7%, while South Korea’s Kospi surged as much as 5.5% and Japan’s Nikkei 225 jumped 3.9%.The gains came after US President Donald Trump said that the United States…

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