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Oil surges over 8% as fresh Middle East tensions revive supply fears; Brent tops $98 per barrel
Crude oil prices rose sharply on 1 June, driven by renewed Middle East tensions, with Brent crude futures gaining $6.67 to $97.79 per barrel. WTI surged over 8% to above $94.70.
CBI Arrests RCom's Former Group MD Amitabh Jhunjhunwala In SBI Loan Fraud Case
The CBI has also registered six more FIRs against RCom, Reliance Home Finance Ltd, Reliance Commercial Finance Limited and RTL based on the complaints.
UK Maritime Trade Body Says Cargo Vessel 'Struck' In Arabian Gulf Amid Renewed US-Iran Tensions
The UKMTO said the vessel was transiting southeast of Umm Qasr, Iraq, when it was hit on its starboard side.
Ahead of Market: 10 things that will decide stock market action on Tuesday
Benchmark indices Sensex and Nifty fell for a fourth straight session amid elevated crude oil prices, geopolitical tensions and persistent selling pressure. Market breadth remained weak, technical indicators turned bearish, while select stocks including Wockhardt and NMDC Steel attracted buying interest and hit fresh highs.
Oil Shock Looms: Brent Jumps 7% As Iran Renews Hormuz Threat, Adds Bab el-Mandeb Warning
The latest escalation has prompted traders to reassess geopolitical risks after weeks of relative stability.
US stock market today (June 1, 2026): S&P 500 hovers near record as Nvidia gains offset oil price worries - The Times of India
US stock market today (June 1, 2026): S&P 500 hovers near record as Nvidia gains offset oil price worriesThe Times of India
Dow, Nasdaq fall as oil prices jump on Iran concerns
US stocks open mixed as oil jumps on West Asia tensions, Dow falls 0.2% while S&P 500 and Nasdaq are flat, crude surges after Iran suspends talks with the United States.
India Holds Jet Fuel Prices Steady After Airline Plea
India's state-owned oil refiners have kept jet fuel prices steady for local flights following a plea from airlines to hold off on further hikes as they grapple with the fallout from the Iran war.
8 PM Market Curfew: Pakistan Revives Covid-Era Playbook To Navigate Oil Price Shock
The Pakistani government says the decision was taken as part of energy-saving and cost-cutting measures.
US Stock Market Today: S&P 500, Dow In Red As Oil Jitters Outweigh Nvidia-Driven AI Frenzy
Nvidia rose over 4% to $219 while Microsoft was up 2.25% to $461.59 after the two companies made major AI-related announcements and collaborations earlier in the day.
Peace Deal Falters? Iran Says Snapping US Backchannel Talks; Oil Price Jumps 4%
Brent crude futures climbed as much as 3.7% to $94.51 per barrel
Hormuz Access: Iran To Ensure Japan Ships Pass Strait With 'Greater' Ease
According to Iranian claims, 15 vessels, including four oil tankers, crossed the chokepoint over the past 24 hours.