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Oil Prices On June 11: Brent Crude Climbs To $94 Per Barrel As US Strikes 'Multiple Targets' In Iran
Oil Prices On June 11: Brent crude futures last traded 0.3% lower at $94 after settling at $93.10 per barrel, up $1.65 or 1.8%. US crude futures finished at $90.03 a barrel, up $1.83, or 2%.
KOSPI slides 3%, Asian stocks fall as Iran tensions lift oil prices
Asian equities declined on Thursday, with South Korea's KOSPI leading losses, as renewed US strikes on Iran pushed oil prices higher and stronger US inflation data dampened hopes of a near-term easing in monetary policy.
Wall Street Highlights: S&P 500, Nasdaq Sink as Oil Jumps on US-Iran Jitters
Investors are also preparing for a wave of new equity supply unlike anything seen in recent history.
'It's Over For Iran': Trump Says 'Secret' Mission Helped 200 Ships Move 100 Million Oil Barrels Through Hormuz
The President stated on a Truth Social post that the U.S. executed a covert operation
Stocks in news: Lenskart, PFC, RIL, Hindustan Zinc, Tata Consumer
Indian markets saw volatile trading on Wednesday, closing slightly down. Lenskart, PFC, RIL, Hindustan Zinc, and Tata Consumer are in focus. ADIA plans to sell Lenskart shares. Tata Consumer targets over 20% EBITDA margin. Reliance Industries subsidiary will redevelop a Mumbai slum. REC Ltd will merge with Power Finance Corporation. ZEEL plans to raise funds.
Oil jumps over 2% as Iran declares Strait of Hormuz closed, US-Iran tensions escalate
Brent crude climbed above $95 a barrel after Iran announced the closure of the Strait of Hormuz following fresh US military strikes. A larger-than-expected draw in US crude inventories added to concerns over tightening global supplies.
Gift Nifty signals a negative start; here's the trading setup for the day
Nifty closed flat on Wednesday as easing crude prices boosted domestic consumption stocks and defensive sectors. Investor sentiment is stabilizing, with hopes for a resolution to the Israel-Iran conflict improving confidence. However, Gift Nifty signals a negative start, and oil prices climbed amid escalating tensions in the Strait of Hormuz.
Deep Fission files for 2.5M share IPO at $16-$18/sh - Investing.com India
Deep Fission files for 2.5M share IPO at $16-$18/shInvesting.com India
Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flows
Brazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil's oil exports to India have already doubled. India is also considering investments in Brazil's offshore oil blocks. Brazil wants Indian investment in its refining sector in return for more crude.
India, UAE move to expand strategic crude reserves; Abu Dhabi-linked oil storage may rise to 30 mln barrels
India and the UAE are boosting energy security. Plans are underway to significantly expand India's strategic oil reserves with UAE-linked crude storage. New facilities will increase capacity from 5.8 million barrels to 30 million barrels. Both nations are also establishing a framework for strategic gas reserves. This initiative aims to provide greater flexibility and ensure stable energy supplies for India.
Stock Market Outlook Today, June 11, 2026: Sensex, Nifty Expected to Remain Range-Bound; Reliance in Focus - Goodreturns
Stock Market Outlook Today, June 11, 2026: Sensex, Nifty Expected to Remain Range-Bound; Reliance in FocusGoodreturns
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrel
Iran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz disruptions and falling global oil stocks. Despite recent strikes between the US and Iran, prices remain below $100. Markets anticipate a truce and negotiations. Global demand destruction also limits price increases.