Bharat Express DD Free Dish

WTI crude

Brent crude rose above $96 a barrel after attacks on Saudi oil tankers in the Red Sea raised fresh concerns over global energy supplies.

Brent crude rose above $90 a barrel as escalating US-Iran tensions heightened concerns over global oil supplies.

Sensex fell over 500 points and Nifty slipped below 24,200 in early trade as weak global cues and rising crude oil prices weighed on markets.

The Indian rupee strengthened by 4 paise against the US dollar in early trade, supported by a softer dollar index.

Crude oil prices surged as US-Iran tensions pushed Brent above $85 a barrel, lifting MCX crude oil futures by more than 4 per cent.

Gold and silver prices extended their decline as geopolitical tensions and weak global cues kept bullion markets under pressure.

Gold held steady while silver edged lower as easing crude oil prices reduced expectations of further US Fed rate hikes.

Global oil prices weakened after OPEC+ unveiled higher production targets for August, while stronger crude exports.

Global crude oil prices fell as easing supply concerns in the Strait of Hormuz pushed Brent and WTI towards sharp weekly losses.

Indian equity markets opened higher on Thursday as easing crude oil prices and positive global cues lifted investor sentiment.