Oil costs shed 2% as Iran-Israel ceasefire eases considerations over provide, Strait of Hormuz closure

Oil costs shed 2% as Iran-Israel ceasefire eases considerations over provide, Strait of Hormuz closure

Brent crude prices pared gains from the previous session and fell nearly $2 on Friday after the White House delayed a decision on U.S. involvement in the Israel-Iran conflict, but they were still poised for a third straight week in the black. Ilan Rosenberg | Reuters Oil futures fell sharply on Tuesday as a freshly … Read more

India’s CPI eases to 2.82% in Might

India’s CPI eases to 2.82% in Might

People buying vegetables at a local market in Noida, Uttar Pradesh on August 22, 2023. (Photo by Chandradeep Kumar/ The India Today Group via Getty Images) The India Today Group | The India Today Group | Getty Images India’s consumer inflation eased to a cooler-than-expected 2.82% in May, the country’s Ministry of Statistics and Programme … Read more