Daily Republic News
- Business
- March 9, 2026
Oil Surges Over 25%, On Track For Record Daily Jump Due To Escalating Iran War
Oil prices surged more than 25% on Monday to their highest levels since mid-2022 as some major producers cut supplies and fears of prolonged shipping disruptions gripped the market due to the expanding U.S.-Israeli war with Iran.Energy markets are particularly nervous because the Read More
- Business
- March 9, 2026
Oil Rally Hits Dalal Street: Aviation, Paint Stocks Tumble as Brent Crosses $115
Selling pressure intensified across Dalal Street on Monday as a sharp spike in global crude oil prices rattled investor sentiment and triggered steep declines in sectors highly sensitive to fuel costs. The benchmark BSE Sensex was trading lower by nearly 2,275 points, or roughly Read More
- Business
- March 9, 2026
Dalal Street’s Dark Monday: Sensex Plunges 2,300 Points as Oil Shock Sparks ₹15 Lakh Crore Wealth Erosion
Indian benchmark indices opened sharply lower on Monday, tracking a global risk-off sentiment triggered by a dramatic spike in crude oil prices and escalating geopolitical tensions in West Asia. The benchmark BSE Sensex crashed 2,300 points, or 2.91%, to hit an intraday low of 77 Read More
- Business
- March 9, 2026
Iran War Sends Shockwaves Through African Fuel Market and Economies
Nairobi: Surging oil prices triggered by the war with Iran are rippling across African economies, threatening higher fuel costs, rising inflation and renewed pressure on currencies across the continent.Africa imports most of the petroleum products it consumes, leaving many econom Read More
- Business
- March 9, 2026
Oil Price Surge and Strait of Hormuz Closure: Is a Global Recession Looming?
Oil prices are rising 18% to 20% this morning in Asia, transmitting a massive risk off to markets as fear takes centre stage. Oil prices are the basis of pricing in the economy. A 20% global shortage of oil is now getting reflected in prices which may go up further to the $150 le Read More
- Business
- March 8, 2026
CBI Registers FIR Against Anil Ambani, Reliance Communications In Rs 1,085 Crore Bank Fraud Case
New Delhi: The Central Bureau of Investigation (CBI) has registered a case against industrialist Anil Ambani, his company Reliance Communications Limited, and its former director Manjari Ashok Kacker in connection with an alleged bank fraud case involving more than Rs 1,085 crore Read More
- Business
- March 7, 2026
India’s Energy Stock Position Improves; Petrol and Diesel Prices Will Not Increase: Govt Sources
The petrol and diesel prices will not increase amid the ongoing Israel-US-Iran conflict, noted government sources, whilst explicitly ruling out such a scenario.To reinforce this commitment to the public, they reiterated their stance, saying, “Today we again assure that prices of Read More
- Business
- March 7, 2026
Sundar Pichai Pay Hike: Google Offers Indian-Origin CEO Package Worth Up To $692 Million, Says Report
New Delhi: Alphabet, the parent company of Google, approved a new compensation package for its chief executive, Sundar Pichai. As per the report by the Financial Times, Google has raised Pichai’s total potential compensation to $692 million (Rs 63,61,79,82,000) over the next thre Read More
- Business
- March 7, 2026
Will Fuel Prices Keep Rising After Israel-US-Iran Conflict?
The war with Iran could leave consumers and businesses worldwide facing weeks or months of higher fuel prices even if the week-old conflict ends quickly, as suppliers grapple with damaged facilities, disrupted logistics, and elevated risks to shipping. The outlook poses a wider g Read More
- Business
- March 7, 2026
‘We’ve Adequate Crude Oil To Sustain…’: MRPL Denies Rumors Of Shutdown Amid Israel-Iran War
Mangalore: The Mangalore Refinery and Petrochemicals Ltd (MRPL) on Saturday denied rumours that it has started shutting down parts of its 300,000-barrel-per-day refinery due to crude oil shortages linked to the ongoing war between US-Israel and Iran in the Middle East. In an offi Read More
