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Rupee Falls To All-Time Low Of 92.16 Against US Dollar Amid Middle East War
The rupee slumped 67 paise to close at an all-time low of 92.16 against US dollar on Wednesday, weighed down by spiking crude oil prices in the wake of the Iran crisis.
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India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
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Donald Trump Claims India Will Stop Buying Russian Oil. What Numbers Say
US President Donald Trump has claimed that India has assured him that it will curb its Russian seaborne crude exports, months after Washington slapped 25 per cent punitive tariffs on New Delhi over the purchase.
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With 1971 Newspaper Post, Indian Army's Dig At US Over Support To Pakistan
The post comes a day after President Donald Trump threatened India over its purchase of Russian oil, saying he will substantially raise tariffs on goods from India.
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Sensex Jumps 750 Points After Trump Announces Israel-Iran Ceasefire
Indian equities opened higher on Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
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Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
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Oil Steadies As Release Of Reserves By US, India, Others Underwhelms
Oil edged higher as a planned coordinated release of strategic reserves by the U.S. and other nations fell short of expectations.
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Oil Settles Down But Off 2-Week Low; Supply Concerns In Focus
U.S. crude stocks rose by 4.3 million barrels last week, the U.S. Energy Department said on Wednesday, more than double the 1.9 million-barrel gain forecast by analysts.
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Trump Orders Plan To Fund US Oil Firms After Record Low Prices
US President Donald Trump on Tuesday ordered his administration to come up with a plan to aid US oil companies struggling with a massive supply glut and record-low crude prices.
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US Crude Oil Price Goes Negative For The First Time In History
The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by the coronavirus pandemic's hit to demand.
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Rupee Falls To All-Time Low Of 92.16 Against US Dollar Amid Middle East War
The rupee slumped 67 paise to close at an all-time low of 92.16 against US dollar on Wednesday, weighed down by spiking crude oil prices in the wake of the Iran crisis.
-
India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
-
Donald Trump Claims India Will Stop Buying Russian Oil. What Numbers Say
US President Donald Trump has claimed that India has assured him that it will curb its Russian seaborne crude exports, months after Washington slapped 25 per cent punitive tariffs on New Delhi over the purchase.
-
With 1971 Newspaper Post, Indian Army's Dig At US Over Support To Pakistan
The post comes a day after President Donald Trump threatened India over its purchase of Russian oil, saying he will substantially raise tariffs on goods from India.
-
Sensex Jumps 750 Points After Trump Announces Israel-Iran Ceasefire
Indian equities opened higher on Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
-
Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
-
Oil Steadies As Release Of Reserves By US, India, Others Underwhelms
Oil edged higher as a planned coordinated release of strategic reserves by the U.S. and other nations fell short of expectations.
-
Oil Settles Down But Off 2-Week Low; Supply Concerns In Focus
U.S. crude stocks rose by 4.3 million barrels last week, the U.S. Energy Department said on Wednesday, more than double the 1.9 million-barrel gain forecast by analysts.
-
Trump Orders Plan To Fund US Oil Firms After Record Low Prices
US President Donald Trump on Tuesday ordered his administration to come up with a plan to aid US oil companies struggling with a massive supply glut and record-low crude prices.
-
US Crude Oil Price Goes Negative For The First Time In History
The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by the coronavirus pandemic's hit to demand.
