September 2, 2026

India Rupee-Rupee in Narrow Range After Higher Open, RBI Support Meets Importer Demand

India Rupee-Rupee in Narrow Range After Higher Open, RBI Support Meets Importer Demand

Updated 2 September 2026 at 15:40 IST Rupee stays rangebound as RBI dollar sales counter importer demand, while higher oil prices and US Treasury yields weigh on the currency. India Rupee-Rupee in Narrow Range After Higher Open, RBI Support Meets Importer Demand | Image: ANI Mumbai: The rupee traded in a narrow range on Wednesday […]

India Rupee-Rupee in Narrow Range After Higher Open, RBI Support Meets Importer Demand Read More »

Oil prices rise as Iran responds to fresh US military strikes, global markets weaken

Oil prices rise as Iran responds to fresh US military strikes, global markets weaken

Global oil prices climbed sharply on Wednesday after Iran launched retaliatory attacks against American interests in the Middle East following fresh US military strikes, raising fears of prolonged disruption to global energy supplies and renewed inflationary pressure. Crude prices gained more than two per cent, extending weekly gains to about 10 per cent after the

Oil prices rise as Iran responds to fresh US military strikes, global markets weaken Read More »

Global Crude Prices jump to $95 per barrel as US–Iran conflict escalates

Global Crude Prices jump to $95 per barrel as US–Iran conflict escalates

Global crude oil prices experienced a sharp increase over the last 24 hours following new military strikes launched by the United States against Iranian targets in the Middle East. Market data shows Brent crude rising to $95.49 per barrel, up 0.54 percent, while West Texas Intermediate (WTI) climbed to $90.71 per barrel, representing a 0.84

Global Crude Prices jump to $95 per barrel as US–Iran conflict escalates Read More »

U.S. Energy Secretary Says Venezuela Could More Than Double Oil Production

U.S. Energy Secretary Says Venezuela Could More Than Double Oil Production

By Irina Slav – Sep 02, 2026, 1:00 AM CDT Venezuela’s crude oil production rate could double in the next few years thanks to new deals set to be signed with U.S. and other foreign energy companies, U.S. Energy Secretary Chris Wright has said. “The investment in these deals will massively grow available oil production,

U.S. Energy Secretary Says Venezuela Could More Than Double Oil Production Read More »

FTSE 100 Live: Stocks to drop; Oil price keeps pressure on bond market

FTSE 100 Live: Stocks to drop; Oil price keeps pressure on bond market

Wednesday 02 September 2026 6:50 am  |   Updated:  Wednesday 02 September 2026 6:53 am Soaring oil prices have fanned the flames of inflation. Welcome back to the City AM liveblog. Oil prices are rising higher for the third consecutive session and keeping pressure on global markets. Brent crude – the international benchmark for oil prices

FTSE 100 Live: Stocks to drop; Oil price keeps pressure on bond market Read More »