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Oil falls 5% after Israel's counterattack on Iran; Brent crude drops to $71.92 per barrel

Oil falls 5% after Israel's counterattack on Iran; Brent crude drops to $71.92 per barrel

Oct 29, 2024, at 07:21 pm

New York/IBNS: Oil prices fell by about $4 per barrel on Monday (Oct. 28) after Israel's weekend counterstrike on Iran left key oil and nuclear sites untouched, easing concerns over potential disruptions to energy supplies.

RBI unlikely to postpone policy shift despite limited impact of Iran-Israel tensions

RBI unlikely to postpone policy shift despite limited impact of Iran-Israel tensions

Oct 07, 2024, at 09:13 pm

Mumbai/IBNS: The growing tensions between Israel and Iran are not expected to prompt the Reserve Bank of India (RBI) to delay its shift in monetary policy, as experts suggest the impact on the economy and crude oil prices remains minimal, reports Moneycontrol.