Crude oil prices jump up to 4 pc on Hormuz tensions, ceasefire doubts

IANS | April 9, 2026 9:59 AM

New Delhi, April 9 (IANS) Global crude oil prices surged sharply on Thursday amid fears that supply from West Asia may not fully resume, as doubts persist over whether the two-week ceasefire between the US and Iran will hold, with the crucial Strait of Hormuz reportedly remaining restricted.

Sensex, Nifty trade lower amid fresh geopolitical tensions

IANS | April 9, 2026 9:33 AM

Mumbai, April 9 (IANS) The Indian equity markets opened on a cautious note on Thursday after witnessing a sharp rally in the previous session. Benchmark indices declined amid investor concerns over escalating geopolitical tensions, as reports suggested that Israel had attacked Lebanon’s Hezbollah, raising fears of a possible disruption in the Strait of Hormuz.