Try GOLD - Free
BLASTS, BLACKOUTS & SOARING OIL
Financial Express Mumbai
|March 04, 2026
Energy choke points sealed, stocks slide and inflation threat returns worldwide
EXPLOSIONS ROCKED TEHRAN, Beirut and Tel Aviv on Tuesday as the US-Israel military campaign against Iran entered its fourth day, sending global energy and financial markets into turmoil.
Iranian drones hit the United States Embassy and earlier struck the mission in United States Embassy, prompting Washington to shut both embassies and evacuate nonessential staff from several West Asian countries.
This story is from the March 04, 2026 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
'Unforeseen circumstances'no longer a safe haven for India Inc
IF CORPORATE INDIA were handed an award for creative writing, \"unforeseen circumstances\" would surely top the bestseller list.
2 mins
March 04, 2026
Financial Express Mumbai
The business case for everyday bling
YOUNGER CONSUMERS ARE DRIVING A SIGNIFICANT SHIFT IN GOLD JEWELLERY BUYING.
3 mins
March 04, 2026
Financial Express Mumbai
Oil at 8-month high, India holds 50-day fuel cushion
BRENT CRUDE SURGED past $85 a barrel on Tuesday, soaring for a third straight session as the widening US-Israeli conflict with Iran disrupted fuel shipments and shut off the Strait of Hormuz, triggering fresh volatility in global energy markets.
3 mins
March 04, 2026
Financial Express Mumbai
Singtel to pare stake in Airtel promoter consolidation plan
BHARTI ENTERPRISES CHAIRMAN Sunil Bharti Mittal has outlined a road map to consolidate the promoter holding of Bharti Airtel under Bharti Telecom (BTL), saying the residual stake held by Singapore Telecommunications (Singtel) and the Mittal family outside the promoter vehicle will be pared over the next three to four years in an orderly manner.
1 mins
March 04, 2026
Financial Express Mumbai
Enhancing maturity of accounts of local bodies to get priority: CAG
ASSESSING THE ASSET management and operational efficiencies of urban local bodies largely depend on the maturity of their accounts and their preparation, Comptroller and Auditor General of India K Sanjay Murthy has said.
1 min
March 04, 2026
Financial Express Mumbai
Full-blown conflict in West Asia
As it is the premier oil-rich region, the impact on prices obviously depend on how quickly the US-Israeli attacks on Iran end or whether there is a more prolonged escalation
3 mins
March 04, 2026
Financial Express Mumbai
US, China trade chiefs to meet mid-March before Trump-Xi summit
US AND CHINESE trade negotiators are slated to meet in mid-March, according to people familiar with the matter, signaling a planned summit between Donald Trump and Xi Jinping is pushing ahead despite American strikes against Iran.
1 min
March 04, 2026
Financial Express Mumbai
Nuvama & Cushman fund buys Pune office asset for ₹1,000 cr
PRIME OFFICES FUND, a commercial real estate-focused fund managed by Nuvama and Cushman & Wakefield Management (NCW), has acquired TenSteps, a Grade A+ commercial office asset in Kharadi, Pune.
1 min
March 04, 2026
Financial Express Mumbai
Global economy faces the prospect of another shock
IN THE MOST hopeful scenario for the global economy, the latest war in West Asia ends within a few weeks.
3 mins
March 04, 2026
Financial Express Mumbai
Telcos' AGR rises 2.33% to ₹84.2K cr in Dec quarter
THE TELECOM SECTOR reported a 2.33% quarter-on-quarter rise in adjusted gross aevenue(AGR) to *84,270 crore in the October-December quarter, according to Telecom Regulatory Authority of India (Trai) data.
1 min
March 04, 2026
Listen
Translate
Change font size
