Crude oil prices remained on the boil as the future of safe passage of transit vessels through the Strait of Hormuz became foggier.
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Crude oil prices remained on the boil as the future of safe passage of transit vessels through the Strait of Hormuz became foggier.
Check out top stocks under brokerages' radar heading into trade today.
Brent crude, the global benchmark, was trading 1.1% higher at $96.25 a barrel, while US West Texas Intermediate (WTI) crude gained 1.46% to $91.54 a barrel.
US President Donald Trump warned on social media that any Iranian retaliation would be met with a response 'much harder and higher' than the current strikes.
Here's a look at stocks that are likely to be in focus during the trading session on Wednesday.
Asian markets traded lower, while the US stock market declined overnight, as global bond yields surged and crude oil prices rallied amid escalating US-Iran war.
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Much of the pressure on Wall Street stems from a deepening global bond selloff, with rising yields weighing on stocks, while Fed's Chair Kevin Warsh's recent Jackson Hole speech has led traders to raise their bets on rate hikes this year.
Oman will aim to continue their winning run against Qatar in the ACC Men's Premier Cup 2026, with both sides looking for a crucial Group B result.
Trump warned Iran of a much harder US attack if Tehran retaliates after fresh strikes near the Strait of Hormuz.
Swara Bhasker responds to critics over her Padmaavat 'jauhar' remark by sharing an Instagram Story amid the ongoing backlash.
Nestlé has agreed to sell its mainstream vitamins, minerals and supplements business to Yellow Wood Partners for $1 billion. The transaction is part of Nestlé's strategy to focus resources on higher-growth categories.