Iran drafts law to impose tolls for transiting Strait of Hormuz

Iran plans law to charge ship tolls in the Strait of Hormuz as war disrupts tanker traffic, cuts Persian Gulf oil output and drives Brent above 114 dollars a barrel.

Iran plans law to charge ship tolls in the Strait of Hormuz as war disrupts tanker traffic, cuts Persian Gulf oil output and drives Brent above 114 dollars a barrel.

Oil prices jump as US Iran tensions shut Strait of Hormuz, Brent tops 103, WTI nears 91, Iran plans ship levy, Rob Kapito warns crude could hit 150.

Middle East war and closed Strait of Hormuz send Brent crude above 100, lift dollar and inflation fears, rattle Asian stocks, and reshape Fed and ECB rate expectations.

The S&P 500 advanced for a second time this week as US efforts to end the war gathered pace, eclipsing news that Iran rejected a truce proposal and maintained its military strikes.

SpaceX is exploring an IPO that could eclipse previous records, with discussions pointing to a fundraising target in the range of $70 billion to $75 billion.

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Shares of L&T Technology Services Ltd ended at ₹3,211.00, up by ₹58.05, or 1.84%, on the BSE.

Shares of RBL Bank Ltd ended at ₹303.80, up by ₹7.45, or 2.51%, on the BSE.

GAIL India approves up to $64 million equity infusion into GAIL Global USA to cut Eagle Ford shale debt and delays key gas pipeline project timelines. Shares of GAIL (India) Ltd ended higher on Wednesday, March 25, by 1.11% at…

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