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oilprice38d ago

Oil Prices Soar Amid Escalating Middle East Conflict

Oil prices surged on Monday as the fallout from U.S. and Israeli military strikes on Iran rippled through global energy markets, with tanker traffic through the Strait of Hormuz already heavily impacted and military strikes continuing across the region. In early Asian trade, Brent futures broke the $80 mark, briefly trading at $82.37 before trimming gains slightly as markets digested volatility. Similarly, WTI futures climbed rapidly, soaring past the $72 mark in early trading before dropping back to $71 at the time of writing. The spike in oil...

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West Asia conflict to spark volatility in forex markets, pressure on Rupee
toi38d ago

West Asia conflict to spark volatility in forex markets, pressure on Rupee

The rupee is poised for a volatile start to March, driven by global capital seeking safe havens amid escalating Gulf tensions. Dealers anticipate pressure from portfolio outflows and concerns over India's trade deficit and energy supplies, with the RBI expected to intervene to manage volatility.

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EUR/USD Forecast: Critical Breakdown Below 1.1770 Support Sparks Urgent Market Reevaluation
bitcoinworld38d ago

EUR/USD Forecast: Critical Breakdown Below 1.1770 Support Sparks Urgent Market Reevaluation

BitcoinWorldEUR/USD Forecast: Critical Breakdown Below 1.1770 Support Sparks Urgent Market ReevaluationThe EUR/USD currency pair faces a pivotal moment in global markets as technical analysis reveals a potential breakdown below the crucial 1.1770 support level, triggering urgent reassessment among institutional traders and central bank observers worldwide. This development emerges against a complex backdrop of diverging monetary policies, geopolitical tensions, and shifting economic fundamentals between the Eurozone [...]This post EUR/USD Forecast: Critical Breakdown Below 1.1770 Support Sparks Urgent Market Reevaluation first appeared on BitcoinWorld.

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Dalal Street investors prepare for turbulent week amid strife
toi38d ago

Dalal Street investors prepare for turbulent week amid strife

Dalal Street investors anticipate a volatile week, with initial market dips expected due to West Asian developments. Crude oil prices are poised to jump, potentially pressuring the rupee, while gold and silver are set for safe-haven demand-driven gains. Government bonds face a mixed outlook amid potential haven buying and inflation concerns.

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Bitcoin, XRP, Dogecoin Flat, Ethereum Gains Amid Escalating Iran War: Analyst Says 'Peak Fear' Behind Us As Conflict 'Heavily Priced' In Already
benzinga38d ago

Bitcoin, XRP, Dogecoin Flat, Ethereum Gains Amid Escalating Iran War: Analyst Says 'Peak Fear' Behind Us As Conflict 'Heavily Priced' In Already

Leading cryptocurrencies moved sideways on Sunday, while gold and crude oil spiked amid investor concerns over escalating Middle East tensions.Cryptocurrency24-Hour Gains +/-Price (Recorded at 8:20 p.m. ET)Bitcoin (CRYPTO: BTC)-0.60%$66,702.15Ethereum (CRYPTO: ETH) +1.12%$1,974.11XRP (CRYPTO: XRP) +0.08%$1.36Solana (CRYPTO: SOL) +1.10%$85.40Dogecoin (CRYPTO: DOGE) +0.30%$0.09361Crypto Market Holds SteadyBitcoin endured a volatile weekend, slipping below $64,000 after the U.S. and Israel launched military operations against Iran, but rebounded above $66,000 by Sunday. Ethereum followed a similar path, recovering above $1,900 after a drop below $1,840.Over $420 million was liquidated from the market in the last 24 hours, according to Coinglass, with long liquidations accounting for more than 50% of the total.Bitcoin’s open interest was largely unchanged over the last 24 hours. Meanwhile, retail and whale traders on Binance remained long on the apex cryptocurrency.“Extreme Fear” sentiment lingered in the market, according to the Crypto Fear & Greed Index.Top Gainers (24 Hours) Cryptocurrency (Market Cap>$100 M)Gains +/-Price (Recorded at 8:20 p.m. ET)SuperTrust (SUT) +30.49% $0.6406Venice Token (VVV) +25.09% ...Full story available on Benzinga.com

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West Asia conflict: Govt keeps tabs on crude prices & goods movement
toi38d ago

West Asia conflict: Govt keeps tabs on crude prices & goods movement

India is closely monitoring West Asian tensions for potential economic impacts, particularly on oil prices and goods movement. While immediate effects on the current financial year's budget are unlikely, prolonged conflict could disrupt critical supplies and necessitate longer shipping routes, affecting trade.

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‘Enugu tech festival 2026 surpassed expectations’
thenationonlineng38d ago

‘Enugu tech festival 2026 surpassed expectations’

The second edition of the Enugu Tech Festival (ETF 2.0) has ended on a historic note, drawing a record-breaking 53,000 physical participants and reinforcing Nigeria’s growing influence in the globalThe post ‘Enugu tech festival 2026 surpassed expectations’ appeared first on The Nation Newspaper.

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