The Indian stock market faced a significant decline today, with SENSEX dropping over 400 points, primarily due to banking sector issues and rising crude prices.
The Druzhba pipeline has resumed oil flows to Europe, coinciding with the EU’s approval of a €90 billion loan for Ukraine, marking a significant geopolitical shift.
Goldman Sachs has revised its oil price forecasts following the Iran ceasefire announcement, highlighting market uncertainties and potential price increases.