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The war forced changes on quite a few fronts. First was a re-assessment of the “new-normal” for crude and on certain commodities where supply impacts were felt. As an example within the energy space, we cut back on oil marketing and moved towards upstream oil. That was a change in stance itself.
Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global oil chokepoint. Naval tensions and tanker blockades have restricted nearly one-fifth of global oil flows, intensifying supply fears and pushing shipping costs higher. Ceasefire talks remain fragile, while OPEC fragmentation and the UAE’s exit add further uncertainty. Major importers like India and China are diversifying supply, but sustained high prices are fueling global inflation risks, recession concerns, and economic instability. Outlook remains highly volatile, with prices potentially staying elevated without a lasting geopolitical resolution.
Brent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global oil chokepoint. Naval tensions and tanker blockades have restricted nearly one-fifth of global oil flows, intensifying supply fears and pushing shipping costs higher. Ceasefire talks remain fragile, while OPEC fragmentation and the UAE’s exit add further uncertainty. Major importers like India and China are diversifying supply, but sustained high prices are fueling global inflation risks, recession concerns, and economic instability. Outlook remains highly volatile, with prices potentially staying elevated without a lasting geopolitical resolution.

LPG commercial gas prices rose significantly, with a ₹993 increase in May. Check revised fuel rates in New Delhi, Mumbai, Bengaluru and other cities on 3 May after latest hike.

Justin Bieber faced immense public criticism but chose to pursue his dreams regardless. His quote emphasizes the importance of self-belief and resilience in the face of hate, stating that external negativity cannot deter one's internal drive to chase personal ambitions.
The week began on a positive note, supported by easing geopolitical tensions and steady progress in Q4 earnings, which lifted initial sentiment, he said.However, gains were gradually capped by rising crude oil prices, weak cues from Asian markets, and persistent foreign institutional investor (FII) outflows, Mishra added.
In such a dynamic environment, becoming a successful trader requires more than just luck—it demands discipline, adaptability, and a deep understanding of market behavior. Drawing insights from market experts and aligning them with current conditions, here are the key principles every trader should follow

Among the biggest gainers was Indo Tech Transformers, which surged nearly 145% in April, topping the list of monthly performers. The company, which manufactures power and distribution transformers, has benefited from strong investor interest in India’s power transmission and capex cycle.
Ten penny stocks surged up to 490% in six months, led by micro-cap momentum plays. Despite high returns, investors face risks like volatility, low liquidity, requiring careful research and disciplined risk management.
Indian markets remain volatile amid oil prices and geopolitics, while multiple companies announce dividend record dates between May 4-8; only shareholders holding stocks before deadlines qualify for payouts and eligibility.
Crude oil futures fell sharply on Friday from 4-year highs after Iran signalled a proposal to resume negotiations with the U.S., though prices remained on track for weekly gains as Tehran continued to block the Strait of Hormuz and the U.S. Navy maintained restrictions on Iranian crude exports.
Foreign institutional investors (FIIs) remained net sellers for the tenth straight month in April, offloading around Rs 70,100 crore worth of Indian equities. So far in calendar 2026, overseas investors have pulled nearly Rs 2.4 lakh crore from local equities, pressured by a weaker rupee, rising US yields and crude oil hovering above $110 a barrel amid the Iran conflict.

Indian-origin couple recently hosted New York wedding in Bollywood style that shut down city's busiest street. Pankti Doshi and Avish Jain's wedding featured a vibrant Baraat procession, showcasing South Asian culture.
The government is already walking a tightrope – partially passing through higher energy costs via commercial LPG pricing and export duties on diesel and ATF, while cutting excise duties on petrol and diesel to shield ordinary consumers.



US Iran War LIVE: Donald Trump reacted after Iran submitted 14-point proposal to mediator Pakistan end war. US President said that he will be reviewing the plan which includes new framework for Strait of Hormuz waterway.
Weather today: Temperatures in Northwest India are set to fall, with warnings for thunderstorms and gusty winds across multiple states. Fishermen are cautioned against venturing into specific coastal areas. Check full weather report here.

A two-alarm fire has broken out at the University of South Florida's Marine Science Labs building in St. Petersburg. The building has been evacuated and no injuries have been reported.
US President Donald Trump says he is reviewing a new Iranian peace proposal but doubts it will be acceptable, as the Strait of Hormuz blockade drives oil prices above $108 a barrel and diplomatic talks stall.