Business

Middle East tensions escalated Friday, sending oil prices soaring as US strikes on Iran intensified. Brent crude climbed 7.8% to $109.03 per barrel, with WTI futures reaching record premiums. Disruptions in the Strait of Hormuz, a vital oil transit route, are fueling supply concerns and pushing energy prices to multi-year highs.

War Disrupting Supply Chains: Tata Sons Chairman Tells CEOs

Closes 173p Up At 93.1 After RBI Reins In Speculation, $ Positions