Market News
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Iran war energy shock drives India's interest in ethanol and other biofuels
India and Southeast Asian nations are boosting biofuel use amid global fuel disruptions. This move aims to reduce reliance on imported oil and manage rising costs. However, challenges remain in developing supply chains and ensuring vehicle compatibility. Experts also highlight environmental concerns related to crop-based biofuel production. The shift towards biofuels is a significant development for energy security.
Benchmarks slide as crude climbs, Sensex sheds 583 pts, Nifty below 24K
Equity benchmark indices tumbled on Thursday as surging crude oil prices, weak Asian cues and relentless foreign fund outflows battered investor sentiment. The Nifty slipped below the 24,000 mark, weighed down by banking stocks. Most sectoral indices ended in the red, with the Nifty IT index bucking the trend. Brent crude climbed to around $120 per barrel amid rising fears of supply disruptions linked to potential curbs on Irans ports, fuelling inflation concerns in India. Global markets offered little support, pressured by elevated energy prices and uncertainty over the Federal Reserves policy stance. Meanwhile, a sharp slide in the rupee to a record low added to the strain on domestic equities.
HSBC downgrades Indian stocks to ‘underweight’ as oil shock clouds earnings recovery
HSBC has downgraded Indian equities to "underweight," citing surging energy prices from the Middle East war as a threat to the country's earnings recovery. With Brent crude above $100 a barrel, inflation and growth risks are elevated, making India less attractive than North East Asian peers. Earnings forecasts are expected to be revised lower, and foreign investor concerns are mounting.
For Asian Paints, green is not just a colour, but a worthful way of life
Asian Paints is embedding sustainability into core operations, linking it to long-term business survival. The firm, honoured at the Economic Times Awards for Corporate Excellence 2025, highlighted progress in water conservation, renewable energy adoption and large-scale skill training, alongside plans to further cut emissions and resource use.
Crude oil prices will soon reflect the extent of this energy supply crisis, IEA warns
Brent crude prices fell to $95 a barrel on Tuesday, while the West Texas Intermediate (WTI) is testing levels of $90 a barrel on Wednesday during early Asian trading, significantly below the early-war highs of $120 a barrel, as the market is hopeful of more talks between the US and Iran, which would ultimately lead to a resolution.
Russia offers sanctioned LNG to energy-hungry Asia at a 40% discount
Russia offers steeply discounted sanctioned LNG via intermediaries to energy starved South Asian buyers as Qatar exports halt, but India remains wary of US retaliation
South Asia battles fuel crunch amid Iran war fallout
South Asian nations are taking action to combat an energy crisis. Countries like India, Pakistan, Bangladesh, Nepal, Sri Lanka, and Maldives are introducing various measures. These include fuel price adjustments, reduced consumption, and shifts towards electric vehicles. The aim is to manage dwindling supplies and rising costs impacting millions.
A $19.50 oil premium: Saudi Arabia sets record crude price as Hormuz crisis rattles markets
Saudi Aramco has set a record premium for its crude oil sold to Asian buyers. This move comes as disruptions in the Strait of Hormuz impact global energy markets. Iran's actions have affected oil flows from the Persian Gulf. Global oil prices have seen a significant rise. Fuel prices are also surging across continents.
Asian stocks stumble as energy shocks intensifty amid escalation in Iran war
Asian stocks fell on Thursday as oil prices surged due to Middle East conflict. Japan's Nikkei 225 dropped 2.4%, and broader Asian markets fell over 1.3%. Brent crude rose above $111 per barrel.
Asian Stocks Decline As Oil's Surge Saps Sentiment: Markets Wrap
Asian equities dropped in early trading Thursday afterattacks onkey energy infrastructure amid an escalating Middle East war drove oil prices higher.
US crude prices back above $100 a barrel amidst concerns over Kharg island
The International Energy Agency said that the supply of emergency barrels from reserves of Asian member countries will begin immediately, while those from the Europe and Americas will begin by the end of March.
Global oil markets on edge as West Asia unrest triggers new energy shockwave
Crude oil prices have surged to near one-year highs as escalating conflict in West Asia threatens key supply routes, particularly the Strait of Hormuz. Rising geopolitical risks, refinery disruptions and tanker delays are pushing prices higher, raising inflation concerns and creating economic vulnerabilities for major Asian importers, including India, China, Japan and South Korea.