Author name: David Ryabchikov

Oil prices rise about 3% as Israel vows to intensify attacks on Iran

Oil prices rise about 3% as Israel vows to intensify attacks on Iran

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Smoke blankets the sky above Tehran, Iran, following explosions in the capital after the Israeli army hit Iranian targets, on June 18, 2025. Anadolu | Anadolu | Getty Images Oil prices rose by about 3% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran and investors watched for signs […]

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Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

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Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran. U.S. crude oil was last up $1.36, or 1.81%, to $76.50 per barrel by 9:38 a.m. ET, while global benchmark Brent added $1.10, or 1.43%, to $77.80 per barrel. Prices have gained more

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Indian Rupee on back foot as Israel–Iran tensions escalate, Crude Oil price surge

Indian Rupee on back foot as Israel–Iran tensions escalate, Crude Oil price surge

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Indian Rupee extends losing streak for the third consecutive day, hits weakest level since mid-March against the US Dollar. Israel–Iran conflict enters seventh day, US reportedly prepared for possible military strike. Brent and WTI crude are up over 20% this month, supply fears keep prices elevated. The Indian Rupee (INR) extends its losing streak for

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Inflation stays steady at 2.8% for the month of May

Inflation stays steady at 2.8% for the month of May

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JOHANNESBURG – Annual consumer inflation remained unchanged at 2.8% in May, defying expectations of a slight increase. Statistics South Africa released the latest figures on Tuesday. The rate remains well below the Reserve Bank’s midpoint target of 4.5%. READ | Consumer inflation data due this week Angelika Goliger, chief economist at EY Africa, says the

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Zelensky warns oil price surge could help Russia’s war efforts

Zelensky warns oil price surge could help Russia’s war efforts

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Saturday 14 June 2025 2:39 pm  |   Updated:  Saturday 14 June 2025 2:40 pm Zelensky warned the surge in oil prices could be detrimental to Ukraine as Russian incomes climb. (Photo by Peter Nicholls – WPA Pool/Getty Images) A sharp rise in global oil prices after Israeli strikes on Iran will benefit Russia and bolster

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Oil Price Forecast: WTI rallies to $74 before settling above $72

Oil Price Forecast: WTI rallies to $74 before settling above $72

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WTI Oil surges above $72 as Israel-Iran tensions trigger a breakout. Gains for June are near 20%, pushing prices above key Fibonacci levels from longer-term moves. The 12-month moving average provides additional support below $70. WTI crude oil is surging amid escalating geopolitical tensions, with Israel’s recent strikes on Iran fueling a rally that pushed

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Canadian Dollar continues to ride Greenback weakness to new highs

Canadian Dollar continues to ride Greenback weakness to new highs

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The Canadian Dollar found more gains off the back of US Dollar selling pressure. A lack of meaningful Canadian economic data means Loonie gains are at the mercy of market flows. Middle East geopolitical tensions are back on the rise, keeping risk appetite under wraps but boosting Crude Oil prices. The Canadian Dollar (CAD) caught

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US Stock Market Live: Dow futures down 500 points, dollar rebounds sharply

US Stock Market Live: Dow futures down 500 points, dollar rebounds sharply

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Home Market News US Stock Market LIVE Updates: Dow futures down 420 points after Israel strikes Iran, spiking oil prices US Stock Market LIVE Updates: US stock futures fell sharply after Israel’s airstrikes on Iran, with Dow futures dropping over 500 points. Oil prices surged over 8%, and gold rose over 1%. President Donald Trump

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HPCL, BPCL shares fall up to 4% after Brent crude crosses $70 per barrel mark

HPCL, BPCL shares fall up to 4% after Brent crude crosses $70 per barrel mark

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Home Market News HPCL, BPCL shares fall up to 4% after Brent crude crosses $70 per barrel mark Rising oil prices are generally beneficial for upstream oil explorers such as Oil India and ONGC as it will result in the increase in prices of the products refined by them. Shares of India’s downstream oil refiners,

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US preparing to partially evacuate Iraq embassy over regional security risks, sources say

US preparing to partially evacuate Iraq embassy over regional security risks, sources say

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WASHINGTON/BAGHDAD: The United States is preparing a partial evacuation of its Iraqi embassy and will allow military dependents to leave locations around the Middle East due to heightened security risks in the region, U.S. and Iraqi sources said on Wednesday. The four U.S. and two Iraqi sources did not specify which security risks had prompted

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