IEA members agreed to release 400 million barrels from emergency reserves, largest coordinated strategic oil release ever.
February CPI matched forecasts; core and supercore cooled. TD sees higher energy lifting March inflation near 3%.
US EIA data on March 6 showed crude oil stocks rose 3.824M, exceeding the 1.1M forecast.
Nifty dropped 400 points after failing at 24,300; video revisits Elliott Wave plan predicting reversal toward 23,900.
WTI pulled back from $120; Hormuz closure strands supply, easing later as rerouting, SPR releases, flows return.
Trump told Axios Iran war will end soon, claiming little left to target, ending whenever he wants.
ABN AMRO warns Iran-driven energy price spikes may hit Eurozone growth harder, raising inflation and ECB rates.
OPEC kept 2026-27 oil demand growth forecasts unchanged as OPEC+ output rose; Japan, Germany plan reserve releases.
EUR/GBP fell 1.5% on stronger GBP, hawkish UK rates, resilient equities; lower oil may lift pair.
Canadian dollar steadied as oil rose, rate spreads narrowed; USD/CAD consolidates near 1.35 with bearish signals.
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