Bharat Express DD Free Dish

Business

Global oil prices surged over 8% as supply concerns linked to Middle East tensions pushed Brent crude close to $100 despite an IEA emergency oil release.

Indian stock markets opened sharply lower as Brent crude crossed $100 per barrel and rising US–Iran tensions pressured investor sentiment.

Uttarakhand Chief Minister Pushkar Singh Dhami presented the Rs 1.11 lakh crore Budget for 2026–27, outlining welfare measures.

Adani Total Gas shares surged 20 per cent on Wednesday after the government prioritised gas allocation for domestic PNG and CNG users.

Indian equity benchmarks Sensex and Nifty closed sharply lower as geopolitical tensions and rising oil prices weakened investor confidence.

Global oil prices fell after reports the IEA may release emergency crude reserves to stabilise markets as tensions between the US and Iran disrupt supply.

Sensex and Nifty slipped in early trade as investors remained cautious over the US–Israel–Iran conflict and tensions around the Strait of Hormuz. Midcap and smallcap stocks gained.

Global oil prices approached $90 as the Iran conflict disrupted supply routes, raising fears of prolonged energy market instability.

Indian stock markets rebounded as improving sentiment followed Donald Trump’s indication that the Iran conflict could conclude shortly.

Indian markets opened higher as easing geopolitical tensions and falling crude oil prices boosted investor sentiment.