Global oil prices moved higher at the start of the week after renewed geopolitical tensions in the Middle East triggered concerns over energy supplies. Brent crude rose above $81 per barrel, while West Texas Intermediate (WTI) traded near $79, following reports that Iran had once again closed the strategically important Strait of Hormuz.
Reliance Industries' digital arm, Jio Platforms, has officially filed draft papers for its highly anticipated Initial Public Offering (IPO), setting the stage for what could become the largest public issue in Indian market history.
