Oil prices remained steady on Friday. This came after fears of a U.S. strike on Iran eased. U.S. crude and gasoline inventories also rose. Venezuela has resumed oil exports. Analysts noted a swift unwinding of the ‘Iran premium’ from prices. Shell and OPEC provided outlooks on future energy demand and supply balances.
Sensex slumps 583 pts, Nifty below 24,000; 7 key triggers
Indian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven by soaring oil prices,