Oil prices slip $1 after three-week high amid Middle East shipping concerns

·1 views

Crude oil prices declined after reaching a three-week peak, as investors weighed possible threats to shipping through the Strait of Hormuz. The earlier rise had been driven by recent attacks on Saudi Aramco facilities and provocative actions from Iran. The Trump administration is reportedly considering easing sanctions on oil tankers to help bring down shipping costs. Freight rates have climbed sharply, adding pressure on the market. The situation remains closely watched by traders given the strategic importance of the waterway.

Read the full story at Times of India

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

Discussion (0)

How Chinese parts are fuelling Houthi ambitions to strike Israel and Saudi Arabia

0 comments Read more at Times of India

IndiaTimes of India ·

Pragyan Ojha may stay on as interim chief selector after Parthiv Patel's exit

Parthiv Patel has decided not to continue in his role, prompting speculation about changes in cricket selection. Reports suggest that Pragyan Ojha could remain as interim chairman of the selection committee. The BCCI's Centre of Excellence head, VVS Laxman, may also gain a larger influence over selection matters. With the ODI World Cup less than a year away, it remains unclear whether the board will keep both figures in their current roles.

0 comments Read more at Times of India

IndiaTimes of India ·

Hope's unbeaten 102 powers West Indies to 24-run win over India in fourth T20I

West Indies captain Shai Hope scored an unbeaten 102 off 50 balls in the fourth T20I against India. The visitors posted a total of 247, which Hope described as competitive on a difficult pitch. West Indies went on to win by 24 runs, drawing the series 2-2. Hope was named Player of the Match, extending a strong tour in which he has scored four centuries across formats.

0 comments Read more at Times of India

IndiaNDTV ·

Delhi Unveils Rs 1,000 Crore Industry Push Including Hospital Incentives

Delhi's government has launched a Rs 1,000 crore incentive scheme aimed at boosting industry, with healthcare among its key focus areas. Under the healthcare provisions, eligible projects will generally receive 25 per cent capital investment assistance. The support is capped at Rs 10 crore for most projects, rising to Rs 12 crore for enterprises led by women. Hospitals with at least 1,000 beds are eligible for a higher ceiling of Rs 100 crore.

0 comments Read more at NDTV