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The Latest Breaking News from Oil

Angela Hartnett’s Italian summer recipes: grilled peaches, green beans and mozzarella, and gnudi in tomato sauce

Two inspiring summer dishes to enjoy in the sunshine

The Guardian - UK

Seven £1 recipes from Miguel Barclay that make healthy eating affordable

Miguel Barclay proves eating well needn’t cost a fortune with seven easy £1 recipes for Lidl, from chickpea masala to beef and lentil hotpot, writes Hannah Twiggs

The Independent UK

RBI Inflation FY2026-27: Malhotra & Co trim FY27 inflation forecast to 5% as easing crude prices offer relief

RBI Inflation 2026-27 Forecast: The RBI's Monetary Policy Committee cut its FY27 inflation forecast to 5% from 5.1%, citing softer global crude oil prices and easing supply-side pressures. RBI Governor Sanjay Malhotra said higher inflation is largely driven by food and fuel, while core inflation remains benign. He expects headline…

The Economic Times

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RBI MPC Meeting 2026: Sanjay Malhotra & team keep repo rate at 5.25% as global risks linger with Iran war flare-up

RBI Monetary Policy Meeting 2026: The Reserve Bank of India's Monetary Policy Committee maintained the benchmark repo rate at 5.25 percent. Policymakers are carefully observing geopolitical uncertainties and rising inflationary pressures. Domestic economic growth remains resilient, which supports the central bank's decision. The committee also revised its growth and inflation…

The Economic Times

Rupee sails past 95 to one-month high, premiums drop before RBI decision

The Indian rupee hit a peak not seen in a month this Wednesday, thanks to lower oil prices and a dip in the U.S. dollar value. As forward premiums fall in anticipation of the Reserve Bank of India's impending policy meeting, traders express muted expectations regarding its effect on the…

The Economic Times

Why is market rising today? Sensex jumps over 400 pts, Nifty above 24,600. 8 factors behind D-St rebound

The Indian stock market saw a rebound on Wednesday, with Sensex and Nifty 50 trading higher. Easing oil prices and strong foreign institutional investor buying boosted investor sentiment significantly. Bharti Airtel and IndiGo shares led the gains, while Titan experienced a slight decline. Broader markets also performed well, with midcap…

The Economic Times

South Korea’s Kospi climbs 5%, extending two-day rebound: 3 reasons fueling the rally after July selloff

South Korea's KOSPI surged over 5% on Wednesday, extending its two-day recovery to 7% following a heavy July selloff. The rally was fueled by record highs on Wall Street led by AI earnings, easing oil prices amid US-Iran peace deal talks, and strong fundamental demand for semiconductor giants like Samsung.

The Economic Times

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Oil Price Today (August 5): Crude dips for 3rd session amid hopes of a short-term war deal. What's next?

Oil prices dipped again on Wednesday following as discussions aimed at reopening the Strait of Hormuz progressed. Traders are keenly watching the U.S.-Iran negotiations, knowing that an agreement could ensure the unhindered passage of commercial ships. Analysts warn that sustained disruptions could lead to significant hikes in oil prices, although…

The Economic Times

Yen finds footing after intervention, dollar near 6-week low on Mideast hopes

Currency markets took a breather as the Japanese yen gained traction, influenced by recent intervention measures. Meanwhile, the U.S. dollar index lingered near its six-week lows, buoyed by positive developments in the Middle East. Falling oil prices alleviated concerns about potential supply disruptions, leading traders to adjust risk premiums and…

The Economic Times

Why Oil Cleansing Works for Oily Indian Skin: The Sebum Science Behind Cleaner Pores

The Rebound Cycle Nobody Warns You AboutStrip your face with a foaming cleanser twice a day and your sebaceous glands read it as an emergency. The skin's oil production ramps up to compensate, and within hours your T-zone is shining again. Dermatologists call this sebum rebound, and it is the…

Times Life

Oil steadies after two-day slump as investors eye Hormuz traffic

Oil prices experienced a slight stabilization as market participants keenly observed developments regarding the U.S.-Iran conflict. Recent reports from mediators indicated advances toward resolution, which initially contributed to a decrease in prices. As a result, Brent crude futures saw a modest uptick, joined by gains in West Texas Intermediate. President…

The Economic Times

Dandruff Is a Scalp Microbiome Imbalance, Not a Hygiene Failure, Here's What Indian Scalps Actually Need

The fungus that lives on every scalpMalassezia is a yeast-like fungus present on virtually every human scalp. Under normal conditions, it feeds on sebum, the natural oil your scalp produces, and causes no visible problem. When it overgrows, it breaks down that sebum into oleic acid, a fatty acid that…

Times Life

Shares soar to record highs as oil dives on peace hopes

Local shares have rallied on reports the US and Iran are nearing a new peace deal, boosting confidence as investors bet on a brighter outlook for global growth.

AAP

Global Market Today: Asian stocks advance on Hormuz deal hopes

Asian stocks are set to track Wall Street higher as optimism grows. Prospects for an interim deal with Iran eased energy supply concerns significantly. This development has led to a slide in oil prices and reduced inflation pressures. Investors are now watching for further progress on reopening the Strait of…

The Economic Times

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The Economic Times

US Iran war: Qatar says mediators make progress; Indian ship sinks in the Middle East

Mediators report progress in efforts to end the US-Iran war, which has driven oil prices lower. Qatar's Emir discussed de-escalation efforts with President Trump, stressing the importance of dialogue. Senior US officials expressed optimism about reopening the Strait of Hormuz shipping lanes soon. However, shipping risks remain as a vessel…

France 24

US says Iran Hormuz deal could come 'today or tomorrow' as oil prices plunge

A senior Trump administration official on Tuesday said an agreement to restore shipping through the Strait of Hormuz could be reached as soon as "today or tomorrow", fuelling hopes of a diplomatic breakthrough despite Iran's public denials that it is negotiating with Washington.

Barchart

Cotton Comes Back to Close Mixed on Tuesday

Cotton futures were down 8 to 22 points in the front months with other contracts, up 2 to 40 points. Crude oil was down $5.20 per barrel, with the US dollar index down $0.031. The Monday Crop Progress report showed condition ratings pegged at 42% good/excellent, down 4 percentage points...

Motor1

Woman Goes To Toyota Dealership For Routine Service. 2 Hours Later It Cancels Her Lifetime Warranty

“That was a service that was paid for."

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International Business Times UK

Russia Quietly Expands Secret Gas Fleet Ahead of EU's 2027 Import Ban

Russia is expanding its LNG fleet to counter the EU's impending import ban, with 25 vessels now in service. This move mirrors tactics used to maintain oil exports despite sanctions.

Barchart

Stocks Finish Sharply Higher on Strong Earnings and Push to Reopen Hormuz

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +1.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.71%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.32%. September E-mini S&P futures (ESU26 ) rose +1.79%, and September E-mini Nasdaq futures...

The Economic Times

US stocks: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumble

Stock markets soared to all-time highs on Tuesday, fueled by stellar earnings from corporations. AI-focused entities like Palantir and the esteemed Caterpillar delivered eye-popping results. The drop in oil prices and Treasury yields created a favorable backdrop for continued growth. Moreover, the possibility of a peaceful resolution in the Iran…

Barchart

Strength in Stocks and Lower Crude Prices Weigh on the Dollar

The dollar index (DXY00 ) fell by -0.03% on Tuesday. The dollar was under pressure Tuesday as hopes for a deal to reopen the Strait of Hormuz have boosted stocks and knocked crude oil prices sharply lower. The slide in crude oil prices lowers inflation expectations and could prompt the...

The Canberra Times

Why gardeners go slightly odd by the end of a long winter

Clue: It may be due to soil deprivation syndrome.

The Economic Times

'Hormuz deal with Iran today' Oil slips below $80 on truce hope

Oil prices experienced a significant decline on Tuesday, falling over five percent. Hopes for a diplomatic resolution to the West Asia conflict emerged. This potential resolution could improve oil flows through the Strait of Hormuz. Talks are underway with Iran to reopen the vital shipping lane. Regional officials also discussed…

Barchart

Optimism of Reopening Strait of Hormuz Knocks Crude Prices Lower

September WTI crude oil (CLU26 ) on Tuesday closed down -4.57 (-5.69%), and September RBOB gasoline (RBU26 ) closed down -0.1145 (-3.86%). Crude oil and gasoline prices sold off sharply on Tuesday for a second day, with crude falling to a 3-week low and gasoline dropping to a 4.75-month nearest-futures...

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