Market Intelligence

Despite escalating US-Iran military tensions, crude oil has remained subdued below the $100/barrel threshold, defying typical geopolitical risk premiums that historically trigger supply-shock rallies. The disconnect…

TITLE: Hormuz Strait Tension Pushes MCX Crude Past Refiner Hedges Iran-backed forces have escalated threats to shipping in the Strait of Hormuz and Red Sea simultaneously, creating a dual chokepoint risk for 28% of…

Iran's Islamic Revolutionary Guard Corps threatened "more painful" counterstrikes against U.S. military assets following American strikes on Iranian oil tankers in regional waters. Refinery procurement desks and crude…

Iran has threatened "more painful" retaliation against U.S. strikes targeting Iranian oil tankers, escalating direct military confrontation in a key global shipping corridor. Crude oil importers and Indian refinery…

Israel warned that any Iranian attack would trigger strikes on Iran's energy infrastructure, escalating Middle East tensions and signalling potential disruption to regional oil and gas supplies. Indian refinery…

Israeli Defence Minister Katz stated that if Iran launches an attack, Israel will respond without constraints and target Iranian energy infrastructure, escalating Middle East tensions beyond the current conflict zone.…

An oil tanker sustained projectile damage in the Strait of Hormuz, a chokepoint through which roughly 30% of global seaborne crude transits daily. Indian refineries importing Brent and WTI-linked crudes face immediate…

TITLE: Hormuz Bypass Talk Pressures Crude Futures; Gold Rally on Uncertainty The U.S. administration stated that pipeline infrastructure will diminish the strategic importance of the Strait of Hormuz, while energy…

Fed Chair Kevin Warsh delivered his first keynote as Chair at the 2026 Jackson Hole Economic Policy Symposium on Friday, titled "In Our Time." Warsh said PCE inflation stands at 3.7% over 12 months and 4.1% over the…

Chinese state oil majors have suspended crude shipments through the Strait of Hormuz and Bab al-Mandab, routing supplies via alternative passages amid escalating Middle East military tensions. Indian refinery…

China's largest oil shipping operators have rerouted vessels away from the Strait of Hormuz and Bab al-Mandab, signalling a structural shift in Persian Gulf crude transit patterns and supply-chain risk reassessment.…

Saudi Aramco is routing crude oil sales directly to select Asian refiners outside the Strait of Hormuz, bypassing the chokepoint that handles roughly one-third of global seaborne oil trade. This supply-routing shift…

Houthi militants claimed responsibility for a drone attack on an Aramco refinery in southern Saudi Arabia, marking an escalation in attacks on critical energy infrastructure in the world's largest oil exporter. Indian…

The US signalled an imminent agreement with Iran on nuclear restrictions, prompting markets to price in near-term oil supply risk relief and triggering sharp declines across crude oil, natural gas, and gold futures on…

Understand what is contango backwardation MCX commodities India with this clear guide to futures curve mechanics for Indian traders and jewellers.

MCX Crude climbed to 8163 INR/bbl at 05:55 pm IST, posting a +1.57% gain from the previous close. The recovery builds on the +6.67% bounce logged at 10:17 pm IST yesterday from 7545 INR/bbl lows, as supply-side anxiety…

India raised gold tariffs, triggering a documented shift of bullion demand toward unorganised grey market channels at the expense of regulated jewellers and organised dealers, according to the World Gold Council. Higher…

MCX Crude slipped to 7794 INR/bbl at 06:36 pm IST, extending losses with a -2.05% decline from the previous close. The retreat marks a continuation of the pullback from the 8961 INR/bbl peak posted at 10:25 pm IST…

Houthi-led maritime blockade of the Red Sea has intensified supply disruption routes, forcing Asia's crude importers and refiners to source via longer circumnavigation passages at elevated WTI and Brent spreads,…

MCX Crude slumped to 7959 INR/bbl at 11:22 pm IST, posting a -7.50% decline from the previous close. The sharp retreat extends the pullback from the 10:25 pm IST peak of 8961 INR/bbl as supply concerns moderate. Natural…