Crude oil prices jump over 4 pc as US-Iran tensions escalate

IANS | July 13, 2026 10:01 AM

New Delhi, July 13 (IANS) Global crude oil prices surged more than 4 per cent to trade near the $80-per-barrel mark on Monday after fresh military strikes between the US and Iran reignited concerns over supply disruptions in the Middle East.

Seoul shares sharply down amid Middle East tensions

IANS | July 13, 2026 9:08 AM

Seoul, July 13 (IANS) Seoul shares extended losses late on Monday morning, led by falls in chipmakers, bucking gains on Wall Street, as renewed tensions in the Middle East weighed on investor sentiment.

Soaring housing costs pose threat to global financial stability: WEF

IANS | July 12, 2026 9:06 PM

New Delhi, July 12 (IANS) Housing costs across 21 countries frequently exceed affordable limits, which is leading to continuous wealth erosion and threatening financial stability, and this crisis is expected to pressure household budgets and retirement savings, particularly for younger generations facing demographic shifts, according to a report released by the World Economic Forum (WEF).