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Global Markets | European shares set for weekly loss as Mideast war fuels inflation fears

economictimes.indiatimes.comMar 13, 2026

European shares fell on Friday and were headed for a second weekly loss, as ‌escalating conflict ⁠in the ⁠Middle East and inflation worries dented risk appetite.

Crude may touch $150/barrel if Strait of Hormuz remains closed for 4-8 weeks: Nuvama

economictimes.indiatimes.comMar 13, 2026

Global crude oil prices could surge to as high as USD 150 per barrel if the Strait of Hormuz remains closed for the next four to eight weeks, according to a report by Nuvama.