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Crude slips toward $70 as tankers return to Hormuz after US-Iran reach peace deal

TazaPulseJune 25, 2026

Crude oil prices tumbled on Thursday towards pre-war levels as tanker movement through the Strait of Hormuz picked up, easing earlier supply concerns. After surging past $126 per barrel during the Middle East crisis, oil has now fallen sharply, slipping back towards the $70 mark.Around 7 am IST, Brent crude stood at $72.90, down 1.14%...

Crude below $75/barrel but will take time to return to pre-war levels

TazaPulseJune 25, 2026

NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.While Brent crude traded at nearly $73.4 per barrel at the time of filing this report, the Indian oil basket — a blend of sweet-grade...

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JPMorgan unveils $50B buyback, Goldman Sachs raises dividend after Fed stress test

TazaPulseJune 25, 2026

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the America Business Forum in Miami, Florida, US, on Thursday, Nov. 6, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images JPMorgan Chase on Wednesday unveiled a new $50 billion share repurchase program and raised its quarterly dividend after the Federal Reserve found the...

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U.S. banks can withstand $708B in losses

TazaPulseJune 25, 2026

Federal Reserve Board Governor Michelle Bowman, U.S. President Donald Trump’s nominee to be Federal Reserve vice chair for supervision, testifies before a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing on Capitol Hill in Washington, D.C., U.S., April 10, 2025. Kevin Mohatt | Reuters The biggest U.S. banks would be able to absorb more...

Summer travel hack: How to use your credit card to save big

TazaPulseJune 24, 2026

Aligning travelling preferences and plans with the right credit card ensures that the benefits align with your actual spending. (AI image) Summer is peak travel season with high demand leading to higher costs, and travellers actively looking for smart ways to save on flight and hotel bookings. While travel deals, seasonal discounts and booking offers...

Nse: Stock market today: Which are top gainers and losers on NSE & BSE on June 24? Check list

TazaPulseJune 24, 2026

Sensex soared nearly 800 points and the Nifty reclaimed the 24,000 mark Benchmark equity indices rebounded sharply on Wednesday, with the Sensex soaring nearly 800 points and the Nifty reclaiming the 24,000 mark, driven by falling crude oil prices, strong buying in banking and IT stocks, and optimism over a potential India-US trade agreement.The 30-share...

what uae39s exit from opec means for worlds energy markets

Oil math: OPEC’s global crude share could slip from 35% to 31% without UAE

TazaPulseJune 24, 2026

UAE, one of the oil market’s heavyweight players, stepped out of OPEC and questions are rising over what the move could mean for the group’s energy production.The United Arab Emirates’ departure from OPEC has already trimmed the group’s share of global crude oil output and production capacity, according to data released by the US Energy...

Why did stock market rally today? BSE Sensex closes around 800 points up – top reasons for rise

TazaPulseJune 24, 2026

Stock market rally today (AI image) Stock market today: BSE Sensex and Nifty50 rallied strongly in trade on Wednesday as multiple factors worked to lift the market sentiment. A recovery in South Korean markets and supportive global developments also aided the rally. The Sensex climbed almost 791 points to settle at 76,991, while the Nifty...

$25,000 bare-bones EV pickup truck will be profitable

TazaPulseJune 24, 2026

LOS ANGELES — Electric vehicle startup Slate Auto expects to defy challenging market conditions and avoid the losses its peers have seen by profitably selling a highly customizable EV that starts at just under $25,000. Slate CEO Peter Faricy said every vehicle produced by the Michigan-based EV startup — which is backed by Amazon founder...

RBI governor says talk of rate hike ‘premature’ amid geopolitical uncertainty

TazaPulseJune 24, 2026

RBI Governor says rate hike talk ‘premature’ as crude prices, monsoon remain uncertain NEW DELHI: Reserve Bank of India Governor Sanjay Malhotra has pushed back against expectations of an imminent interest rate hike, saying it is “premature” to discuss tightening given the fragile truce between the US and Iran and the uncertainty it creates for...