Global jet fuel supplies are facing significant pressure due to geopolitical events and refinery limitations, according to McKinsey. This is driving up costs for airlines, with potential airfare hikes of 20-25% expected as fuel prices surge. Inventories remain low, and key exporting regions are restricting shipments, creating a challenging outlook for the summer travel season.
Global crude oil prices have plunged to four-month lows, driven by improved tanker traffic through the Strait of Hormuz and anticipation of increased Iranian oil exports. This easing of supply disruption fears has led to significant drops in Brent and WTI futures. Despite this, underlying geopolitical uncertainties persist, with investors closely monitoring US-Iran negotiations and
India is actively seeking foreign currency inflows by encouraging its diaspora to deposit funds. Banks are now permitted to offer substantial leverage on these special foreign-currency deposits, with potential returns exceeding 6% and leveraged rates above 10%. This initiative aims to bolster foreign exchange reserves amidst global economic uncertainties and has the potential to attract
Form 26AS is an important document that provides taxpayers with a consolidated view of tax related information linked to their Permanent Account Number (PAN).
The announcement comes as the conglomerate steps up investments across the energy value chain, aiming to play a central role in India’s evolving energy landscape at a time when energy security has become an increasingly important national priority.
Gold price prediction today: Gold prices are facing upward resistance and US Federal Reserve’s policy will continue to determine prices in the near-term, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.
Venezuela’s oil industry has witnessed a prolonged decline due to a combination of depressed oil prices, economic mismanagement and US sanctions. During this period, PDVSA’s operational capabilities have also weakened considerably.
Stock market recommendations: Eicher Motors Ltd, Torrent Power, and Bajaj Auto have been recommended by Mehul Kothari, DVP – Technical Research at Anand Rathi Shares as top stock picks to buy today on June 24, 2026:
