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Luojiashan tanker sits anchored in Muscat, as Iran vows to close the Strait of Hormuz, amid the U.S.-Israeli conflict with Iran, in Muscat, Oman, March 9, 2026. Benoit Tessier | Reuters Global insurers, brokers and shipping companies are concerned about an environmental catastrophe if an oil tanker sinks in the Persian Gulf. It’s a massive…
It’s time for investors to start rebuilding their bond allocations, according to JPMorgan Asset Management’s Bob Michele. While the U.S.-Iran war and the surge in oil prices has investors concerned, the volatility shouldn’t keep them from building up their fixed-income exposure at a time when yields remain attractive, he said. In fact, the bond market…
A driver refuels a vehicle at a Wawa gas station in Media, Pennsylvania, US, on Monday, March 2, 2026. Matthew Hatcher | Bloomberg | Getty Images With oil spiking to $100 a barrel and the job market essentially paralyzed, the threat of stagflation again is looming over the U.S. economy and financial markets. High inflation…
Signs are seen at the Live Nation NYC headquarters on May 23, 2024 in New York City. Michael M. Santiago | Getty Images Live Nation Entertainment has reached a settlement with the Department of Justice over antitrust concerns surrounding its Ticketmaster platform, the parties said Monday. The settlement would see Ticketmaster unwind some of its…
NEW DELHI: With nearly 40% of India’s LNG flow hit due to the West Asia conflict, govt is working on an “optimisation plan” for industries, including priority segments such as fertiliser. Those familiar with the discussions said the petroleum ministry could work out the arrangement as early as Tuesday, with a reduction in supply to…
The U.S. has urged India to buy Russian oil already floating at sea and redirect it to Indian refineries to “tamp down” fears of supply shortages and price spikes amid the ongoing West Asia conflict, Energy Secretary Chris Wright has said. However, the move, he said is a short-term, pragmatic effort to stabilise the market…
Image for representative purposes only. | Photo Credit: ANI India will not be raising the retail price of petrol, despite benchmark crude oil prices breaching $100 per barrel on Monday (March 9, 2026), a highly placed source in the Union government told The Hindu. West Asia conflict oil hike, market reactions LIVE “We have never…
Riders refuel their motorbikes at a gas station in Hongdae district in Seoul, South Korea, on Saturday, July 2, 2022. Bloomberg | Bloomberg | Getty Images South Korea is set to impose a price cap on fuel products for the first time in 30 years, as oil prices skyrocketed on Monday due to the war…
👉 Visit the Official SleepLean Website Lower office rentals are helping Navi Mumbai emerge as a preferred destination for multinational companies and global capability centres (GCCs), with rents in the city about 21% below the average of major Tier-I markets, according to a report by real estate data analytics firm CRE Matrix.The report, ‘Navi Mumbai…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Investors in Indian stock market sold big at open pushing the benchmark indices down by 3% on March 9, 2026. Nifty opened at 23,868.05 points, down and Sensex at 77,056.75 points. As of 12.16 p.m., they’re trading at 23850.4 points down 2.45% and 77,015.43…
