Oil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemplating restrictions on hostile vessels, impacting market confidence. As Brent crude futures soared to $83.48 a barrel and WTI futures hit $78.84, skepticism grows regarding the restoration of standard tanker traffic amidst sanctions. Moreover, Yemen’s Houthis have claimed responsibility for missile and drone assaults against Saudi military positions.
Ola Electric shares jump 31% in 6 months. Should you buy, sell or hold?
Ola Electric shares have rebounded sharply from March lows, supported by improving sentiment, strong sales, and a BESS partnership. Analysts remain cautious, citing execution, competition,
August 7, 2026