Sensex: 77,496.36 (-1.36%)

Nifty: 23,849.60 (-1.36%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Oil soars past $116 as US-Iran tensions hit boiling point
07-Apr-2026 13:31
Crude oil prices surged sharply in Asian trading on Tuesday, with futures climbing above $116 per barrel as geopolitical tensions between the U.S. and Iran escalated dramatically. Donald Trump reiterated a hard deadline for Iran to reopen the strategically critical Strait of Hormuz, warning of severe military retaliation if demands are not met. His remarks, including threats to target Iran's infrastructure, have heightened fears of a broader regional conflict. Iran, however, pushed back strongly'rejecting temporary ceasefire proposals and warning of retaliatory strikes on energy assets across the Gulf. The standoff has amplified concerns over potential disruptions in global oil supply, particularly through key shipping routes. Reflecting the risk premium, Brent crude rose to $111.36 up 1.5%, while WTI surged to $115.10 up 2.45%. Back home, MCX crude futures also gained momentum, trading at ₹10,764 1.66%.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.