Business

Oil prices edged higher Thursday after a significant daily drop, as Middle East tensions and uncertainty surrounding the Strait of Hormuz kept markets on edge. Despite conflicting reports on tanker movement, US Vice President Vance indicated the strait was beginning to reopen. Prices remain elevated due to persistent concerns over potential renewed hostilities.

Post Content

Even as it is confident of India’s ability to come out of the fresh global uncertainty, RBI has flagged five risks due to the US-Iran war that could negatively impact the economy.