Asian stocks gain, oil rises on Israel-Iran report

May 21, 2025

Oil prices surged following reports of potential Israeli preparations for strikes on Iranian nuclear facilities, as indicated by US intelligence. Asian stocks experienced gains, while US equity futures showed slight declines. Geopolitical tensions are resurfacing, potentially impacting markets that had recently stabilized after tariff-related volatility.

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Highway Infrastructure is set to list on the stock exchanges today. Its IPO saw massive oversubscription across all categories. The IPO price was Rs 70

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