The US has allowed a temporary waiver on Iranian oil sales to ease surging crude prices amid escalating geopolitical tensions. However, analysts warn that supply disruptions and the Strait of Hormuz crisis could keep prices elevated, with forecasts suggesting oil may rise further despite short-term relief measures from policy actions.
Laurus Labs shares climb 4% after Q2 profit zooms 126% YoY
Laurus Labs shares rose 3.79% to Rs 2,329 after the pharmaceutical company reported strong Q2FY27 results. Revenue increased 33% year-on-year to Rs 2,206 crore, while