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Crude Prices Hold Steady Near FiveMonth High as Traders Weigh Iran Threats and Rising Strait Flows
Brent crude held near a five-month high as traders weighed the risk of further Iranian attacks in the Strait of Hormuz against accelerating oil flows through the waterway. According to Sina Finance, citing IRNA, Iran's First Vice President Mohammad Reza Aref said Monday that Iran had “no choice” but to control the strait to protect national security. Brent traded above $109 a barrel, near its highest level since May, while the most actively traded WTI futures were around $98. U
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2h ago
Apple India in sweet spot as FY26 revenue crosses Rs 1 lakh crore, profit soars
Apple India's revenue reached ₹1 lakh crore in FY26, reflecting a strong growth trend in smartphone sales. Revenue growth was noted at 31%, exceeding that of its competitor Samsung, which faced a decline. Net profit increased by 66% from the previous fiscal year, highlighting Apple's robust performance. The premium smartphone market saw significant growth, benefiting Apple due to its strong brand appeal.
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