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STRAIT OF HORMUZ
How a change in Iran's geoeconomics & geopolitics in near future could affect India?
Iran is the 26th largest economy in the world in terms of nominal GDP and 17th in terms of purchasing power parity globally.
Zoom Developers to set up $130 mn plant in Oman
Zoom Developers will invest $130 million to set up an aluminium production plant at the port of Sohar in Oman.
Market rally shows India growth story intact: Benjamin Yeo, Barclays Wealth Asia
The rally can be seen in the context of a healthy bounce-back from the correction that the Indian market experienced in 2011, says Benjamin Yeo.
Gwadar creates Indo-Pak tension
India has so far banned all Chinese companies from operating any port, citing security concerns. Pakistan said it will not tolerate any interference in Gwadar.
Low inventory and Iran's nuclear ambitions to keep oil prices high
As dark clouds gather over large western economies, the growth in crude oil demand is expected to slow down.
Oil prices ease in Asian trade
Prices remain under pressure from a weak dollar and the political crisis gripping crude producer Iran.
Oil prices could surge if Iran crisis worsens: Analysts
World oil prices have so far not been pushed up much by post-election violence in key crude producer Iran -- but they could spike higher if the situation deteriorates, analysts warn.
Difficult to replace Iranian oil output, says OPEC
The secretary general of the OPEC oil exporting group said that it would difficult to replace the crude output of Iran if the country was attacked, in comments published on Thursday.
Oil below 69 dollars in Asia as dollar strengthens
Brent North Sea crude for August delivery declined 16 cents to 68.17 dollars.
Troubled US-India-Iran triangle: India has to factor in its needs with the US
The Iran issue has turned into a diplomatic litmus test: will India stand up for its interests, or will it be co-opted to serve short-term interests of the US?
Pak's new port has strategic implications for India: Mehta
The Gwadar port being built by Pakistan with Chinese assistance in its Baluchistan coast has "serious strategic implications for India", Naval Chief, Admiral Sureesh Mehta has said.
Oil prices higher in Asian early morning trade
World oil prices continued higher in Asian trade as traders bet on further crude inventory falls in the United States.
Not optimistic about outlook for gold: Kunal Shah, Nirmal Bang Commodities
"If dollar index is strengthening, you should not buy gold. That has been the most common way to track gold," says Kunal Shah.
Oil prices lower in Asian trade as storm fears ease
World oil prices eased in Asian trade as initial signs showed Tropical Storm Dolly would likely have limited impact on energy production in the Gulf of Mexico, dealers said.
Oil prices turn bearish, but bulls may yet return
Most other commodity prices, which were driven higher by the oil market surge, have fallen from their peaks. Business week in pics
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