Oil prices jump on renewed US-Iran hostilities

BEIJING, May 8 (Reuters) – Oil prices were up more than 1% on Friday after renewed fighting broke out between the U.S. and Iran, threatening a shaky ​ceasefire and dashing hopes for progress on reopening the Strait of Hormuz, a ‌key oil

Stock markets turn flat in volatile trade

Mumbai, May 7 (PTI) Benchmark indices Sensex and Nifty declined in early deals on Thursday in a highly volatile trade as investors turned cautious amid unabated foreign fund outflows and rising geopolitical uncertainties. The 30-share BSE Sensex declined 160.24 points to 77,798.28

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