Commodities
Oil Supply Routes Under Pressure as Iran-US Tensions Escalate
Global oil markets are bracing for a potential shock as key supply routes face mounting pressure. The threat comes as tensions between Iran and the US continue to intensify, with Washington seeking to raise costs on Tehran.
HSBC's sale of its Singapore insurance business to Allianz for $2.1 billion has been completed, marking another major deal in the financial sector.
The Indian government, led by Prime Minister Narendra Modi, is offering concessions aimed at calming widespread protests and unrest in the country.