India on May 12 launched the Bharat Maritime Insurance Pool, a $1.5 billion domestic marine insurance mechanism backed by a sovereign guarantee of $1.4 billion, or 12,980 crore rupees, as the government moved to secure...
Tag : Middle East tensions
TOKYO: Japan’s Nikkei share average fell on Thursday as investors pulled back after a powerful relief rally, with renewed concern over Middle East tensions and higher oil prices prompting a more defensive tone across the Tokyo market. The...
Oil prices experienced a notable increase on Monday, with U.S. crude rising 3% due to a halt in production from Libya and heightened tensions in the Middle East. The production stoppage comes as Libya's eastern...
Oil prices are predicted to rise to $90 per barrel as escalating tensions in the Middle East threaten supply chains, according to market analysts. Brent crude oil prices approached $86 per barrel on Monday, with...