US crude futures closed at $102.48 per barrel, rising $6.43 or 6.69%.

US Diesel Hits $6/gal for First Time as Inflation Risks Mount

US retail diesel prices averaged above $6.00 per gallon nationally on Thursday for the first time, according to GasBuddy, as US-Iran... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10933

Adani Ports & Special Economic Zone Ltd disclosed a SEBI settlement order involving two of its senior executives over alleged disclosure-related violations. The order, passed by the Securitie... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10934

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India's 10-year government bond yield hit its highest level since June 4.

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🚨 RBI steps in with $1.7 billion in swaps, but oil surge keeps pressure on the rupee.

Gulf Foreign Ministers to Meet Iran in Oman Over Strait of Hormuz Shipping Deal

The Financial Times reports that Gulf foreign ministers will meet Iran’s foreign minister next Monday in Salalah, ... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10936

USDINR 95.73 🚨

On the 11th, the Houthi Supreme Political Council announced that fighting in Yemen's Red Sea west-coast provinces has stopped. They claim Saudi forces have been expelled from the area and urged international parties to pressure Saudi Arabia to halt reinforcements and prevent escalation to protect local navigation. Saudi authorities have not responded. Brent crude prices fell 3% to $102.99 per barrel, while WTI dropped nearly 3% to $97.68 per barrel.

Traders say the Reserve Bank of India is running USD-INR swaps to drain rupee liquidity.

Iran's foreign minister and Pakistan's military chief discussed restoring diplomatic efforts to de-escalate the conflict.

NSO’s first district-level ASUSE 2025 estimates show the top 50 districts account for nearly one-third of India’s unincorporated sector activity. https://bigbreakingwire.in/nso-district-level-estimates-informal-sector-asuse-2025/

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🚨 China’s domestic AI chip prices surge as the global HBM shortage worsens.

TASNIM NEWS says Yemen’s Houthi forces have reached Dhubab on the west coast. The strategic port of Mocha reports that local life is back to normal and government agencies have resumed work.

AAA says U.S. diesel hit $6.0556/gal, breaking the $6 mark for the first time. In California, prices are nearly $8/gal.

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Nvidia $NVDA Sees $3–4 Trillion AI Boom as TSMC $TSM Accelerates 1.4nm Production

Nvidia CEO Jensen Huang says AI infrastructure spending is shifting from “tens of billions” to “tens of trillions” as globa... https://bigbreakingwire.in/bbw-live-news-blog-today/#pennion-live-blogging-update-10939