Finance & Markets

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crude breaks $100

Crude Breaks $100. Iran Opens the Strait. India’s Markets Breathe

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Morning Market Brief
Thursday, 21 May 2026
· Issue #53 · F&O Expiry
Crude Breaks $100.
Iran Opens the Strait.
India’s Markets Breathe.
In a single Wednesday session, the defining macro headwind of May 2026 cracked open. WTI crude fell 6.55% to $97.33 — the first sub-$100 close since the Iran conflict began. Trump confirmed “final stages” of peace talks, and three supertankers crossed the Strait. Thursday is F&O expiry day, WPI came in at a scorching 8.3% — but for the first time in three weeks, the bulls have a credible macro argument. Here’s everything before 9:15 AM.

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New Week, New Shock:Crude at $111, Rupee at Record Low— Markets Brace for a Cautious Monday

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Morning Market Brief
Monday, May 18, 2026 · Pre-Market Edition · Issue #50
New Week, New Shock:
Crude at $111, Rupee at Record Low
— Markets Brace for a Cautious Monday
Last week’s tentative two-day recovery was erased on Friday. The new week opens with Brent crude surging to $111.83, the rupee crashing through ₹96, petrol prices hiked to ₹106.68, and the Nifty failing to hold above 23,800. The question is no longer “can markets recover?” — it’s “how far can they hold?

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Gold Price Today –16 May 2026 Global Gold: Worst Week Since January

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Gold Price Today –
16 May 2026
Global Gold: Worst Week Since January
Gold endured its worst week in months — crashing to $4,483/oz on Friday, the lowest since March 2026, down ~4% for the week. India’s 24K gold settled at ₹15,791/gram (₹1,57,910/10g) on Friday. A record-shattering story: India’s gold discount hit $200+ per ounce over international prices — the deepest discount in India’s gold market history. Here is everything you need to know