Oil prices edge up amid Middle East conflict, Rupee anticipated to be low
Friday, 4 October 2024 Oil prices experienced slight increases early Friday in Asian trading, holding significant weekly gains fueled by potential Middle East conflict disruptions. Investors watch closely as concerns over supply temper due to OPEC's extra capacity. Meanwhile, Rupee is expected to hit a lifetime low amid foreign investor withdrawals.
A representative for the UN's refugee agency told Euronews that Europe could be seen as a refuge amid fears of a growing humanitarian catastrophe in the Middle East, prompted by the conflict between Israel, Iran, Lebanon and Hamas.
Spanish Prime Minister Pedro Sanchez calls on the international community to stop selling weapons to Israel. "In light of everything that is happening in the Middle East, the international community..
Iran has warned US allies in the Middle East against assisting Israel in potential attacks, following Iran's recent missile strike on Israel. Gulf states, concerned about their oil facilities, have..
German Chancellor Olaf Scholz rejects claims that Berlin has imposed a de facto stop on arms exports to Israel and says more will be sent soon. Speaking in front of the German parliament, he states:..
Amid rising oil prices driven by Middle East tensions, global markets show mixed performance with energy stocks gaining 2.4 per cent. Speculation about potential... IndiaTimes
Today, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by... IndiaVision
Foreign investors have become net sellers in October, withdrawing Rs 58,711 crore in equities due to the Middle East conflict, rising crude oil prices, and... IndiaTimes