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Major Headlines: LPG Shortage Concerns, Crude Oil Price Surge, Market Downturn Worsens, Lok Sabha Discussions
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LPG Shortage Fears, Oil Rally, Market Sell-off Deepens Amid Geopolitical Tensions
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CNBC TV18
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11-03-2026, 22:00
LPG Shortage Fears, Oil Rally, Market Sell-off Deepens Amid Geopolitical Tensions
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Geopolitical tensions in West Asia resume crude oil rally; container ship hit near UAE, Iran ships oil to China.
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Indian markets plunge: Rupee weakens against US dollar, Nifty drops below 23,900, Sensex sheds over 1,300 pts.
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LPG shortage fears trigger panic buying and long queues in cities; government assures stable supply despite confusion.
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India relaxes FDI norms for bordering countries; US FDA warns Novo Nordisk over Ozempic/Wegovy reporting lapses.
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Microsoft backs AI startup Anthropic in legal dispute; Amit Shah criticizes no-confidence motion against Speaker Om Birla.
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