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YOU WONT BELIEVE: 55 - You Need To See This

US Stock Market: Wall Street eyes jobs data as rate hike bets and tech volatility intensify

Indian investors are keenly watching US jobs data this week for economic health and interest rate cues. Tech stocks, especially chipmakers, are under scrutiny amid valuation concerns. Strong hiring could mean higher rates for longer, impacting equities. Geopolitical events in the Middle East also remain a key focus, influencing oil…

The Economic Times

Market wrap: Sensex falls 372 points, Nifty closes below 23,950; Kotak Mahindra Bank drops 3%

Indian markets ended lower as Sensex and Nifty snapped a two-session winning streak, pressured by geopolitical tensions in the Middle East and broad-based selling. While pharma outperformed, auto stocks dragged. Analysts flagged near-term volatility but maintained a constructive outlook for Nifty above key support levels amid mixed global cues.

The Economic Times

Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?

US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States aircraft just struck Iranian missile and drone storage locations, and coastal radar sites, for violating the Cease Fire Agreement, AGAIN!" Trump wrote on Truth Social.

The Economic Times

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Watch: Huge plume of black smoke billows from Russian refinery after Ukraine drone attack

Ukrainian drone strikes sparked a major fire at one of southern Russia's largest oil refineries overnight, as Kyiv continued its campaign targeting Russia's energy infrastructure.

The Times of India

Gold slips as US-Iran tensions lift oil, US rate-hike bets weigh

Gold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added further pressure. Despite a brief missile exchange, both nations reportedly agreed to de-escalate and resume talks. Meanwhile, Indian gold demand saw a premium emerge, contrasting with subdued activity in China. Other…

The Economic Times

Global Market Today: Asian shares slip, oil pares climb

Global markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in Qatar. While Asian shares dipped, US equity futures climbed. However, rising oil prices and lingering inflation concerns are keeping investors on edge, despite hopes for a lasting peace and…

The Economic Times

Oil climbs following renewed US, Iran strikes in Middle East

Oil prices saw an uptick as renewed US-Iran tensions in the Middle East disrupted shipping through the Strait of Hormuz. Despite reports of a potential de-escalation and renewed talks, analysts caution that a full recovery of Gulf oil supply could take months due to lingering issues. Saudi Aramco has resumed…

The Economic Times

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Putin says Russia will press on with front-line campaign regardless of Ukraine proposals

President Putin declared Russia's intent to fully capture four Ukrainian regions, dismissing a Ukrainian proposal for a ceasefire as a tactic to ease pressure on its forces. He emphasized the need to bolster air defenses against Ukrainian drone attacks targeting Russia's oil industry, while asserting these strikes do not impact…

The Economic Times

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruption

Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attacks involving the United States and Iran raised concerns over energy supplies through the Strait of Hormuz. Brent crude futures and US WTI crude moved higher…

The Economic Times

Travel on recovery road as war cloud clears and oil dips: MakeMyTrip group CEO

MakeMyTrip group CEO Rajesh Magow said the optimism level among airlines is improving, and noted that commercial LPG supply in the country is being restored. "The US looks like it wants to get out of the conflict one way or the other. There is hope now," he said. "The recovery…

The Economic Times

Average portion of cod and chips in UK hits £11.41, report finds

Rising costs for fish, potatoes, oil and energy are putting pressure on shop owners, industry body Seafish found.

Evening Standard

Why India stayed resilient through the Hormuz crisis

India successfully navigated the Strait of Hormuz closure, ensuring energy security for its citizens. Despite a significant drop in West Asian LPG supplies, domestic production was ramped up, and new international sources were secured. Price disruptions were mitigated through government subsidies and excise duty cuts, keeping fuel costs significantly lower…

The Economic Times

Ukrainian strike ignites Russian oil refinery as Putin acknowledges 'difficult period'

Debris from downed Ukrainian drones sparked a blaze at a major oil refinery in Russia on Sunday, according to local authorities. This comes as Russian President Vladimir Putin said that his country was “going through a difficult period”. In recent months, Ukraine has stepped up its long-range attacks on Russian…

France 24

Ukraine’s targets in Russia are fully justified

Letters: Strikes on oil refineries and energy facilities are not ‘morale bombing’, says Tim Dee-McCullough, while Dr Natalie Kopytko says such attacks save lives in Ukraine and Nathan Gabriel Wood decries a ‘false moral equivalency’ drawn between Russia and Ukraine

The Guardian - UK

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The Economic Times

Strait of Hormuz open or close, Iran-US deal to collapse anytime? Tehran strikes against vital American bases in Kuwait, Bahrain, U. S attack multiple Iranian military targets

Strait of Hormuz: Iran has been insisting on controlling passage through the vital strait, through which a fifth of the world's oil and liquefied natural gas travel in normal times, something it did not have before the war.

The Conversation

Oil price shocks have exposed car-dependent cities. Here’s what governments can do

The recent Israeli-United States war with Iran sent oil prices soaring worldwide, and Canada was no exception. In some regions, gasoline passed $2 per litre.

The Times of India

Saudi Aramco helicopter crash kills 14 in Ras Tanura; probe under way

Tragedy struck Saudi Arabia's eastern city of Ras Tanura on Sunday when a Saudi Aramco helicopter crashed, claiming the lives of fourteen individuals. The cause of the devastating incident remains under investigation by authorities. Saudi Aramco, a global leader in oil production, operates significant facilities in Ras Tanura, a vital…

The Guardian - UK

How to make the perfect chicken souvlaki – recipe

Interpretations of Greece’s most popular street food abound, but whose version of these smoky, juicy skewers is the best?

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The Economic Times

Ukraine's drone assault ignites major oil refinery in Russia

Ukraine intensified its drone attacks on Russia, hitting a major oil refinery in the Krasnodar region and causing at least one fatality. President Zelenskyy stated these strikes target Russia's war resources. Another refinery in Yaroslavl was reportedly targeted, with local authorities closing roads due to drone activity. These actions come…

The Economic Times

Gold, silver face fresh test as US dollar, Iran crisis to shape week ahead: Analysts

Gold and silver are facing downward pressure as investors digest escalating US-Iran tensions, crude oil price shifts, and crucial economic data. Key indicators like manufacturing PMIs, inflation figures, and US jobs reports will shape the Federal Reserve's next moves. Analysts suggest a continued corrective trend for precious metals, with the…

The Times of India

Ukraine strikes major Russian oil refinery in drone barrage; two killed

Ukraine launched one of its largest drone attacks on Russia overnight, setting fire to a major oil refinery in the country's south and killing at least two people, Russian authorities said on Sunday.

Woman & Home

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The Independent UK

Ukrainian strike sets fire to an oil refinery in southern Russia

Ukraine has intensified its drone attacks on Russia, setting fire to a major oil refinery in the south and killing at least two people, according to Russian authorities

The Times of India

Russia claims control of 2 more villages in Ukraine's Dnipropetrovsk, Zaporizhzhia region

Russian forces have reportedly seized two more villages in Ukraine's Dnipropetrovsk and Zaporizhzhia regions, escalating ongoing fighting. This comes as Ukrainian drones targeted Russian oil infrastructure in Krasnodar, causing a fire and casualties. Despite Russia's claims of advances, Ukraine asserts its military is in its strongest position in months, even…

Euronews

Ukraine strikes two oil refineries in Russia as it continues to target Moscow's energy industry

Ukraine's air force said local air defences had shot down six Russian ballistic missiles, one anti-ship missile and 125 drones overnight.

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