Oil prices climbed Friday amid fears of ship attacks and seizures, despite Iran’s claims of safe passage through the Strait of Hormuz. Traders are also watching US-China trade talks closely. Geopolitical tensions remain high, with disruptions significantly tightening global oil supplies and potentially impacting prices until late 2027.
Raymond shares rise 4% after former BEL chief joins defence business
Raymond shares rose nearly 4% after the company appointed former Bharat Electronics Chairman and Managing Director Bhanu Prakash Srivastava as CEO of its defence business.