Amid escalating Israel-Iran tensions, oil markets are on edge, with Brent crude hovering near $73 a barrel. Concerns rise over potential disruptions to Strait of Hormuz, a vital oil route. While a doomsday scenario of $150 per barrel is unlikely, analysts warn of potential spikes to $120, impacting global inflation and India’s economy.
Bitcoin hits new record high at $112,737.08
Bitcoin surged to a new all-time high, rising 1.77% to $112,737.08 on investor optimism and growing institutional interest.
July 10, 2025