Monday, June 08, 2026

DD India

Business

June 8, 2026 9:46 AM

OPEC+ approves fourth oil output quota hike since Hormuz closure

OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, even though the U.S. war with Iran is still preventing several of the group's members from pumping more. The war has cut oil flows via the Strait of Hormuz, crea...

June 8, 2026 9:25 AM

Global market tumble as investors slam brakes on AI rally

Asian stocks plunged on Monday as investors rushed out of the hottest AI-linked shares on fears the bull run has gone too far, too fast and as fresh hostilities in Iran pushed up oil prices. The twin triggers for a rout that is highlighting a fragil...

Last updated on: 8th June 2026

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