Crude oil prices have surged to near one-year highs as escalating conflict in West Asia threatens key supply routes, particularly the Strait of Hormuz. Rising geopolitical risks, refinery disruptions and tanker delays are pushing prices higher, raising inflation concerns and creating economic vulnerabilities for major Asian importers, including India, China, Japan and South Korea.
Stock market holiday today: Are NSE, BSE and MCX open or closed on May 1 for Maharashtra Day and Labour Day? Check now
NSE Holidays 2026: Domestic stock exchanges NSE and BSE will be shut for trading on Friday due to Maharashtra Day holiday. There will be no