Oil prices rise, Asia stocks drift amid US-Iran stalemate

August 11, 2026 8:37 AM

Oil prices rise, Asia stocks drift amid US-Iran stalemate

Oil prices rose on Tuesday as negotiations between the U.S. and Iran over a peace deal and the reopening of the Strait of Hormuz hit an impasse, while Asian shares drifted on protracted uncertainty over the global inflation outlook. U.S. President Donald Trump on Monday responded to Iran's conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the crucial water...

Indian markets trade flat amid mixed global cues, oil prices rise

May 15, 2026 10:05 AM

Indian markets trade flat amid mixed global cues, oil prices rise

Indian equity markets traded flat in early trade on Friday amid mixed global cues from Asian and US markets. Nifty was trading at 23,663, down 0.11 per cent or 26.25 points from the previous close, while Sensex was at 75,251, lower by 0.2 per cent or 147 points in the morning session. On the sectoral front, indices such as Nifty Metal, Nifty Realty, and Nifty Oil & Gas were among the top losers, declining up to 1 per cent. Meanwhile, Hindalco Industries, Trent, Bharat Electronics Ltd (...