Oil rebounds after news of US strikes on Iranian military site

NEW YORK, May 28 (Reuters) – Oil prices jumped about 2% in early Thursday trading after ​Reuters reported fresh U.S. strikes overnight on an Iranian ‌military site, escalating tensions even as Washington and Tehran negotiate to end their three-month conflict. Brent crude

Gold drops Rs 1,100 to Rs 1.61 lakh/10g in Delhi

New Delhi, May 27 (PTI) Gold prices declined Rs 1,100 to Rs 1.61 lakh per 10 grams in the national capital on Wednesday, tracking weak global trends as investors assessed the impact of persistent US-Iran tensions and rising safe-haven demand for dollar.

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