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Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint

Oil prices dive on signs of Hormuz diplomacy while Saudi Arabia is left hanging in fight against an Iranian ally threatening crude’s other chokepoint

After weeks when Middle East diplomacy seemed dead in the water, a rare meeting between Iran and its Persian Gulf neighbors has renewed hope for a deal that could fully reopen the Strait of Hormuz. Foreign ministers from the Gulf Cooperation Council—which is comprised of Saudi Arabia, the UAE, Qatar, Kuwait, Bahrain, and Oman—will meet

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Govt raises petrol price by Rs5.02 per litre, HSD by Rs5.28 amid rising global oil prices

Govt raises petrol price by Rs5.02 per litre, HSD by Rs5.28 amid rising global oil prices

The government on Friday increased the price of petrol by Rs5.02 per litre and that of high-speed diesel (HSD) by Rs5.28 per litre. Following the revision, petrol will retail at Rs375.82 per litre while HSD will cost Rs403.32 per litre. The government continues to levy Rs114 per litre in taxes and duties on petrol and

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US stocks jump after oil prices ease and inflation update comes in near expectations

US stocks jump after oil prices ease and inflation update comes in near expectations

NEW YORK — U.S. stocks are rebounding Friday and clawing back much of their losses for the week after oil prices eased off their recent spurt. An update on inflation across the United States that came in close to economists’ expectations, even if prices are still rising too quickly for everyone’s liking, also helped calm

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Dow futures jump over 250 points as oil slides; Why today’s CPI data matters

Dow futures jump over 250 points as oil slides; Why today’s CPI data matters

The Dow surged over 500 points while the S&P 500 and Nasdaq gained about 1% as oil prices eased and investors assessed the latest US inflation data. By CNBCTV18.com  September 11, 2026, 7:56:46 PM IST (Updated) 4 Min Read US stocks opened sharply higher on Friday, September 11, with the major averages on track to

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ASX slumps again as oil climbs to its highest mark since May

ASX slumps again as oil climbs to its highest mark since May

Adrian Black Updated September 11, 2026 — 1:04pm, first published September 11, 2026 — 5:23am The Australian share market is careening toward its worst week since the US-Iran war began, as surging oil prices pressure bond yields and squeeze central banks to hike borrowing costs. The benchmark S&P/ASX200 index fell 112.2 points by midday on

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Stock Market Today: Dow, S&P 500 and Nasdaq fall as U.S. oil prices surge to $100 a barrel and Treasury yields jump; stocks on track for weekly losses; Oracle earnings on tap

Stock Market Today: Dow, S&P 500 and Nasdaq fall as U.S. oil prices surge to $100 a barrel and Treasury yields jump; stocks on track for weekly losses; Oracle earnings on tap

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Stock Market Today: Dow, S&P 500 and Nasdaq fall as U.S. oil prices surge to $100 a barrel and Treasury yields jump; stocks on track for weekly losses; Oracle earnings on tap Read More »