This is an AI-generated image, used for representational purposes only. Oil markets swiftly reversed initial panic after Israel’s June 13 strike on Iran, with Brent crude falling back below $70 per barrel as traders sensed the conflict would not escalate further. Despite a brief $10 spike, the muted response from Tehran, including a symbolic missile attack that caused no damage, …
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Window opens for fuel price cut as US-China tariff war trips oil prices – The Times of India
Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. NEW DELHI: Oil prices on Friday hit their lowest since the middle of 2021 as China’s return fire against US president Donald Trump’s reciprocal tariff rippled across markets, giving the Centre an an opportunity to partly cushion the impact by letting …
Read More »Tariff war: Sensex slips below 73,000 oil under $70 – The Times of India
MUMBAI: Fears of a trade war roiled stock markets globally as US President Donald Trump imposed higher tariffs on key trading partners, triggering retaliatory action by Canada and China, which made equities weak again. The impact was felt on Dalal Street too as the sensex closed below the 73,000 mark, while Nifty fell for the 10th consecutive session – its …
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