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Rupee holds near 86.75 against USD as investor focus shifts to rising crude prices

Rupee holds near 86.75 against USD as investor focus shifts to rising crude prices

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Asian shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

Asian shares rally, oil prices tumble as Trump announces Iran-Israel ceasefire

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Nicola Willis rules out fuel subsidies for New Zealand amid global oil price surge

Nicola Willis rules out fuel subsidies for New Zealand amid global oil price surge

Navigation for News Categories Nicola Willis has ruled out fuel subsidies for New Zealanders as the ongoing conflict in the Middle East hikes up global oil prices. The Finance Minister is keeping a close eye on the price of a barrel of oil and said the latest situation update she had from Treasury was that

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Oil Prices Tumble as Trump Announces Iran-Israel Ceasefire

Oil Prices Tumble as Trump Announces Iran-Israel Ceasefire

By Tom Kool – Jun 23, 2025, 6:27 PM CDT WTI crude prices fell over 5% to $65.02/barrel after ceasefire announcement. Ceasefire reduces geopolitical risk premium previously inflating oil prices. Market attention now shifting back to supply-demand fundamentals. Oil prices continue to plunge on Monday afternoon following US President Donald Trump’s announcement of a tentative

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Oil prices fall 7% after Iran strike on U.S. base in Qatar leaves no reported casualties

Oil prices fall 7% after Iran strike on U.S. base in Qatar leaves no reported casualties

Oil prices fell sharply Monday after a missile strike by Iran on a U.S. airbase in Qatar left no reported casualties, raising investors’ hopes that there might be a path to de-escalate the conflict in the Middle East.   U.S. crude oil fell $5.33, or 7.22%, to close at $68.51 per barrel, while global benchmark

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