Dollar drifts lower as oil falls on Hormuz deal optimism
By Gregor Stuart Hunter and Lucy Raitano SINGAPORE/LONDON, May 25 (Reuters) – The dollar fell against major currencies…
RBI helping hand muscles breathing room for rupee, cools forward premiums
The Indian rupee rallied to close above the 96-per-dollar mark for the first time in a week on…
Iraq’s Oil Output Plunges 70% as Gulf Shipping Crisis Deepens
Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S. and…