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The Business Standard

Wednesday
June 17, 2026

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WEDNESDAY, JUNE 17, 2026

global economy

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global economy

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Representational Image. Photo: Collected

Gold extends gains after US, Iran reach peace deal

Spot gold climbed 2.3% to $4,316.03 per ounce by 0730 GMT, hitting its highest level since 9 June and extending gains for a third straight session. US gold futures for August delivery rose 2.3% to ...

A drone view of vessels anchored in the Strait of Hormuz as seen from Musandam, Oman, June 8, 2026. Photo: Reuters

Oil, gas supplies could take months to return to normal after Iran deal: Experts

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: File/Reuters

Oil slips 4% as US, Iran reach peace deal to reopen Strait of Hormuz

SpaceX leadership members and guests celebrate on a balcony at the Nasdaq MarketSite on the day of SpaceX's initial public offering (IPO), in New York City, US, June 12, 2026. Photo: REUTERS/Brendan McDermid

With smooth SpaceX debut, Wall Street sets new template for mega IPOs

Representational Image. Photo: Collected

Why is gold falling despite the US-Israel-Iran conflict?

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil extends losses as Trump calls off planned strikes on Iran

OpenAI logo is seen in this illustration taken 20 May, 2024. REUTERS/Dado Ruvic/Illustration/File photo

OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centres

File Photo: Reuters

Oil rises more than $1 as escalation in US-Iran strikes unnerve traders

The US naval blockade of the Strait of Hormuz has been running for over a month. Photo: Deutsche Welle/US Navy/Planet Pix/ZUMA/picture alliance

Oil climbs as US-Iran tensions flare again while stockpiles tighten

TBS Collage

Apple bets on overdue Siri fix to close AI gap

A general view of Hongkong International Terminals (HIT), owned by Hutchison Port Holdings, as part of the Kwai Tsing Container Terminals for transporting shipping containers in Hong Kong, China July 25, 2018/ Reuters

China's trade engine revs up as exporters ride AI wave

A woman walks in front of a screen displaying Evergrande's stock prices, among others, outside the Exchange Square, after a court ordered the liquidation of China Evergrande Group, in Hong Kong, China, 29 January 2024. REUTERS/Lam Yik/File Photo

Tumbling tech darlings slam brakes on AI rally

A cargo ship with containers docks at a terminal of the Yantian port in Shenzhen, Guangdong province, China October 30, 2025. Photo: REUTERS/Tingshu Wang/File Photo

China's global e-commerce push stalls as Iran war lifts costs, dampens demand

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