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.
LME approves Adani’s major copper smelter in India as listed brand
The London Metal Exchange has approved Adani Copper for delivery against its contracts, enabling warrant issuance from July 10. Produced by Adani Enterprises’ Kutch Copper
July 3, 2026