Sensex Today | Stock Market LIVE Updates: GIFT Nifty signals a negative start; Asian shares trade lower

07:56:44 AM IST, 16 April 2024

Sensex Today | Stock Market LIVE Updates: Oil prices rise as Israel weighs response to Iran attack

On Tuesday, oil prices climbed against the backdrop of escalating tensions in the Middle East following statements from Israel’s military chief indicating a response to Iran’s recent missile and drone attack. Despite calls for restraint from allies, Brent futures for June delivery increased by 46 cents, or 0.5%, reaching $90.56 a barrel by 0005 GMT. Similarly, U.S. crude futures for May delivery saw a rise of 43 cents, or 0.5%, reaching $85.84 a barrel.

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