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US-Iran Conflict, Oil Rally, Modi-Putin Talks, NSE IPO & More - The Week That Was

The week starting on September 7 remained highly volatile for markets with a mix of global uncertainty, rising oil prices and expectations of interest rates hike by US Federal Reserve, while corporate India saw several important developments. Here are few top stories from this week - US-Iran Conflict Tensions between US and Iran escalated again this week following a brief pause as US Central Command (CENTCOM) reported that the American forces attacked five Iranian oil tankers in the Gulf of Oman and near Kharg Island. Iran responded by launching ballistic missiles at a US base in Jordan and targeted multiple commercial and military vessels near the Strait of Hormuz. Oil Prices Cross $100 Oil prices rose over $100 a barrel this week, for the first time in nearly four months, even  hitting $109 before retreating on Friday. Crude prices are track for a weekly gain of around 8% to 9%.  Following this surge, benchmark indices such as Sensex and Nifty fell, posting consecutive ...
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"No Deadline, Focus On Ending Ukraine War": Trump During Zelensky Meet

US Donald Trump welcomed Ukraine's Volodymyr Zelensky to his Florida estate Sunday for critical talks on ending the war with Russia. The two leaders stood outside the Mar-a-Lago resort and addressed reporters as they prepared to discuss a new proposal to end the conflict. Trump said that there's no Ukraine deadline, the focus is on ending the war.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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