Commodities
US Strikes Iranian Tankers, Brent Crude Surges Towards $100
The US military has struck five Iranian oil tankers after Iran's Revolutionary Guard Corps targeted a US Navy warship twice with ballistic missiles. The US Central Command (CENTCOM) confirmed that the strike took place on September 8, escalating tensions in the region.
Brent crude oil prices surged towards $100 per barrel amid the escalation in West Asia, raising concerns about potential disruptions to global oil supplies.
The National Stock Exchange (NSE) is set to launch its initial public offering (IPO), with a price band likely to be between ₹1,750 and ₹1,785 per share. This would value the exchange at around ₹4.41 lakh crore at the upper end of the range.