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Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
FTSE 100 Holds Near Multi-Week Highs Despite 1.5% Drop in Shell and BP
The FTSE 100 held broadly flat near 10,880 on Wednesday, August 26, 2026. Shell and BP both fell more than 1.5% as crude oil prices dropped sharply. The index stayed close to multi-week highs, building on Tuesday’s 0.3% gain. Oil Majors Drag While Miners Support the Index Brent crude fell around 2% to roughly $86…
Nvidia Earnings in Focus After Stock Loses 7.5% in Seven-Day Losing Streak
Nvidia enters its earnings report today, August 26, 2026, after a seven-session losing streak that erased roughly 7% of its value. The stock snapped that skid Tuesday, closing up 2.2% to end the longest losing run since 2022. Nvidia reports fiscal second-quarter results after market close, with Wall Street expecting revenue near $92 billion. That…
Jack Ma Buys Alibaba Shares, But Investor Concerns Over $10 Billion Sale Remain
Jack Ma has purchased more than HK$600 million ($76.5 million) of Alibaba shares since August 23, 2026. The buying followed Alibaba’s record HK$80 billion ($10.2 billion) share placement announced August 23. Chairman Joe Tsai and CEO Eddie Wu together bought at least $25 million more in stock. Despite this insider buying, Alibaba shares remain nearly…
IN Market Today: Sensex Opens Strong, Up 246 Points as Crude Drops Below $90
On August 26, 2026, the Sensex opened on a stronger note, gaining around 246 points as falling crude oil prices lifted investor sentiment. Brent crude slipped below the $90-a-barrel level amid hopes of easing tensions around the Strait of Hormuz. The move matters for India, where lower energy costs can reduce import pressure and support…
Australian Shares Fall 0.4% as Investors Digest July Inflation Data; ASX 200 Closes at 9,127.80
Australian shares fell 0.4% on Wednesday, August 26, 2026, as hotter-than-expected inflation data hit sentiment. The S&P/ASX 200 closed at 9,127.80, down from Tuesday’s 9,164.6 finish. July headline CPI rose 3.5% year-over-year, above the 3.3% consensus estimate. Monthly inflation climbed 1.0%, exceeding the 0.8% forecast. Core trimmed mean inflation posted its largest monthly gain in…
Energy Sector Stocks Rise as Crude Oil Falls to $85: BPCL, Indian Oil, IndiGo in Focus
Energy sector stocks stayed in sharp focus Wednesday, August 26, 2026, as crude oil eased toward $86 a barrel. Brent crude fell 2.6% to $86.20, extending losses into a third straight session. Iran and Oman discussed establishing a temporary joint maritime corridor in the Strait of Hormuz to ease supply concerns. BPCL, Indian Oil, and…
Welspun Corp Shares Tumble 6% as ₹1,433 Crore Block Deal Changes Hands
Welspun Corp shares tumbled up to 5.94% to ₹2,206.10 on the NSE on August 26, 2026. The drop followed a ₹1,433.44 crore block deal in the morning trading window. MD & CEO Vipul Mathur and promoter group entity Welspun Investments and Commercials were among the sellers in the transaction. The stock had closed at ₹2,345.50…
Israel Raids Last UNRWA Facility in East Jerusalem on August 25
Israeli forces raided UNRWA’s Qalandiya Training Center in East Jerusalem on August 25, seizing the agency’s last facility in the territory. Netanyahu cited a 2024 law banning the organization over alleged Hamas ties.