Foreign portfolio inflows and continued strength in global markets have aided sentiment in the wake of receding concerns over inflation. Investors are awaiting the minutes of US Federal Reserve’s late July rate-setting meeting due on Wednesday night to see if the market’s expectations on interest rates and inflation are in line with that of the US central bank
Oil Price Today (May 25): Crude oil hits 2-week low as US-Iran peace deal moves closer. Is the worst behind?
Oil prices dipped to two-week lows as U.S.-Iran peace talks showed progress, potentially reopening the vital Strait of Hormuz. Despite optimism, significant hurdles remain, with