West Asia

New Delhi, July 21: Displaying volatility, crude oil prices rose nearly 1 per cent to Rs 8,014 per barrel in futures trade today amid ongoing tensions in West Asia and anxiety over supply disruptions. Brent was hovering around the USD 90…
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New Delhi, July 20:  Brent crude oil today was trading at its highest price since June in the wake of increased fighting in West Asia. Crude surged over the past week as the US and Iran traded fire, engulfing the region and…
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New Delhi, July 20:  The Indian rupee weakened 12 paise to 96.42 against the US dollar in early trade today amidst surge in crude oil prices and a strong demand for the American currency as the West Asia conflict escalated.…
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New Delhi, July 17: With West Asia witnessing a major escalation, movement of ships through the critical Strait of Hormuz is falling sharply, which will have a spiral impact on the energy supplies and prices globally. Vessel traffic…
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Mumbai, July 16: Depreciating for the fourth straight day, Rupee shed 8 paise to settle at 96.33 (provisional) against the US dollar amid volatility in global crude oil prices and a stronger greenback as the West Asia crisis intensified.…
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Mumbai, July 16: The Indian Rupee declined by 6 paise to reach 96.31 against the US dollar in early trade today amid volatility in global crude oil prices and a stronger greenback with the West Asia crisis showing no signs of abating.…
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New Delhi, July 13: Even as the war intensified in West Asia, a number of commercial vessels crossed the Strait of Hormuz on Sunday while switching off their tracking systems to avoid risks of attacks, according to a report. …
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New Delhi, July 10: For the first time, State-owned Oil and Natural Gas Corporation (ONGC) will fund a strategic crude storage facility as it has approved development of a 1.75 million metric tonne (MMT) petroleum reserve at Mangaluru,…
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New Delhi, July 8: Countries around the world are again on the edge as fighting resumed between Iran and the US, with President Donald trump today declaring that interim peace deal was ‘over’ Tensions re-ignited after a lull of about…
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New Delhi, July 8: Indian equity markets ended sharply lower today against the backdrop of fresh fighting between the US and Iran, which pushed up the prices of international crude oil. Meanwhile, the Indian rupee…
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