Rupee near record lows as dollar gains on safe-haven demand and US-Iran impasse
The Indian rupee nears record lows as the dollar draws safe-haven bids and US-Iran talks stay deadlocked.
05/10/2026 12:3114 min read
Geopolitics
Crude oil trades in tight range as US-Iran talks dominate, Hormuz attacks ongoing
Crude oil consolidates as US-Iran talks proceed and Hormuz attacks persist. Technicals show channel trading with support near 88.00 and resistance at 110.00.
05/10/2026 10:1210 min read
Euro at 17-month low amid Spain, France and rate jitters
Euro falls to 17-month low as Spain's political uncertainty adds to French fiscal concerns and higher ECB rates weigh on markets.
05/10/2026 09:2710 min read
Final September UK services PMI rises to 52.1 from preliminary 51.7
The UK services PMI was revised up to 52.1 in September, with input cost inflation at its highest since June.
05/10/2026 08:418 min read
China Narrows US AI Lead to 3% as DeepSeek Gains
China has cut America's AI benchmark advantage to 3%, with DeepSeek's V4.1 Flash model narrowing the gap. Trump defends fast AI progress citing China…
05/10/2026 08:129 min read
Crude edges lower as G7 reserve release and Gulf flows offset Houthi strikes
Crude prices fell in early Monday trade as supply-side relief from G7 releases and Gulf exports outweighed geopolitical risks from Houthi attacks.
05/10/2026 01:5215 min read
Russia: Tests Clear Plague Lab Worker's Death, 189 Quarantined
Russian officials say tests on a plague lab worker who died found no pathogen; 189 under observation for three weeks.
05/10/2026 01:4213 min read
Australian treasurer warns Iran war is economic disaster, bond yields to cost billions
Australia's treasurer calls the Iran war an economic disaster, citing higher inflation, rising bond yields and billions in added debt costs.
04/10/2026 23:0113 min read
Iran Says US Sends Private Proposals Amid Public Hostility
Iran accuses the US of sending secret proposals via intermediaries while publicly taking a tough stance, and says it will not engage.
04/10/2026 22:4114 min read
OPEC+ keeps November targets unchanged; core output 5 mn bpd under prewar level
OPEC+ kept November output targets unchanged. Core members are still pumping 5 million bpd below prewar levels due to the war on Iran.
04/10/2026 21:4215 min read
US Pulls B-1 Bombers From UK Base Over Iran Plot Suspicion
The US withdrew all B-1 bombers from RAF Fairford due to security concerns over suspected Iran-linked plots, keeping bomber missions from US soil.
04/10/2026 20:1214 min read
Iran's Oil Minister Resigns as Export Terminals Sit Empty
Iran's oil minister resigned as the country faces zero oil exports and depleting reserves.
04/10/2026 19:269 min read
Bitcoin Rally Wiped Out by Iran Tanker Attack in Hormuz
Bitcoin rallied on US jobs data, then gave up the gain after an Iran-linked tanker attack in the Strait of Hormuz.
02/10/2026 22:5710 min read
Man City Guilty Verdict Could Harm UK Economy, UAE Warns
A Premier League panel found Manchester City guilty of financial rule breaches. UAE officials warned the UK that a severe penalty could damage future…
02/10/2026 19:5713 min read
US pressures Europe to tap diesel reserves as tightness worsens
The US is pressuring Germany and France to release 120 million barrels of diesel from strategic reserves as global supply tightens, sparking a political…
02/10/2026 05:4111 min read