Oil prices surged Monday as Yemeni Houthis attacked Israel, escalating the Middle East conflict. Brent crude neared record monthly gains, driven by fears of disrupted shipping lanes in the Red Sea and Bab el-Mandeb. Saudi exports are rerouting, with potential disruptions impacting global supply. Ceasefire talks are underway amidst rising tensions.
Aegis Logistics shares rally 4% as Q4 profit rises 45% YoY
Aegis Logistics shares rose sharply after the company reported a 45% year-on-year rise in Q4 FY26 consolidated net profit to Rs 413 crore, supported by