Business

Business

Crude loses cool: Oil prices soar 3% as Middle East tensions flare again

Oil prices rose sharply after United States military strikes targeted Iran. These actions followed attacks on commercial vessels in the Strait of Hormuz. Qatar blamed Iran for striking a liquefied natural gas tanker and an oil supertanker. Maritime security warned of severe threats to ships crossing the Strait. This has reignited fears of further disruptions

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Business

Listing rewards: Startup backers cash out Rs 97,000 crore

VC, PE Funds Use IPOs, Post-Listing Deals To Return Capital After Backing Pvt Cos For Yrs

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Business

US revokes Iran oil waiver amid attacks on British tankers in Strait of Hormuz

The United States revoked an Iran oil sanctions waiver after recent tanker attacks. Three tankers were struck by projectiles in the Strait of Hormuz. One vessel caught fire off the coast of Oman following the incident. The Iranian foreign ministry condemned the US move as a breach of commitment. These events threaten to disrupt vital

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Business

Getty Images calls off Shutterstock merger after UK regulator’s divestment demand

Getty Image has ended its planned $3.7 billion merger with Shutterstock. The UK competition regulator required Shutterstock to sell its editorial business. Getty’s board decided this condition was not in the company’s best interests. The companies had unveiled the deal in January 2025 to build a visual content powerhouse. Both firms now face increasing pressure

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