Bharat Express DD Free Dish

Strait Of Hormuz

The Iran war has cost US consumers an estimated $265 billion, with higher fuel prices, airfares and mortgage rates squeezing household budgets.

Qatar’s revenue fell 42% in the first half of 2026 as conflict disrupted LNG exports, damaged energy infrastructure and strained public finances.

Goldman Sachs raises its December Brent crude forecast to $90 per barrel, citing supply risks linked to the West Asia conflict.

Trump claims Russia will supply over 4.8 million tonnes of diesel under a proposed arrangement with Putin, predicting lower fuel prices.

Gold and silver prices fell on Tuesday, with MCX gold down 0.33% and silver declining 0.93% as higher US yields pressured bullion.

President Trump denies an Axios report that the US offered Iran sanctions relief and access to frozen assets in return for nuclear concessions.

Brent crude could reach $120 per barrel if West Asia tensions intensify, while Brickwork Ratings expects $95-$110 in H2 FY27.

Oil prices fell as possible US-Iran talks raised hopes of reopening the Strait of Hormuz and easing supply disruption concerns.

India urged respect for international law, saying commercial vessels must not become targets of geopolitical tensions.

The Strait of Hormuz crisis could affect India’s energy supplies, shipping costs and trade security through its links with Iran, UAE and Saudi Arabia.