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Iran names Khamenei’s son to succeed him, signaling no letup in war as oil prices surge

DUBAI, United Arab Emirates, March 9, 2026 (AP) — Iran named the hard-line Ayatollah Mojtaba Khamenei to succeed his late father as supreme leader on Monday, signaling no letup in the war launched by the United States and Israel. Oil prices surged as Iran attacked regional energy infrastructure and the U.S. and Israel bombed targets across Iran. The secretive 56-year-old cleric — – only the third supreme leader in the history of the Islamic Republic — has close ties to the paramilitary Revolutionary Guard, which has been firing missiles and drones at Israel and Gulf Arab states since Ayatollah Ali

Silver slides Rs 3,400 to Rs 2.68 lakh/kg, gold stays flat on strong dollar

New Delhi, Mar 9 (PTI) Silver prices declined by Rs 3,400 to Rs 2.68 lakh per kilogram, and gold traded almost flat at Rs 1,64,300 per 10 grams in the national capital on Monday as a firm US dollar dampened the precious metals’ demand amid volatile global markets. According to the All India Sarafa Association, the white metal extended its losses for the third straight day by plunging Rs 3,400, or nearly 1.3 per cent, to Rs 2,68,300 per kg (inclusive of all taxes) from Friday’s closing level of Rs 2,71,700 per kg. “Silver extended last week’s decline as a

Rupee falls 53 paise to close at all-time low of 92.35 against US dollar

Mumbai, Mar 9 (PTI) The rupee crashed to its all-time closing low of 92.35 (provisional) against the US dollar on Monday, losing 53 paise during the session, as global crude oil prices saw a sharp spike, and the greenback strengthened amid worsening conflict in the Middle East. Withdrawal of foreign funds amid intense selling in domestic equity markets further pressured the rupee, forex traders said. At the interbank foreign exchange, the rupee opened at 92.22 and rose briefly to 92.15 but kept losing ground through the session before eventually settling at its all-time low of 92.35 (provisional), down 53 paise

Sensex, Nifty sink nearly 2 pc on surging crude oil prices, West Asia turmoil

Mumbai, Mar 9 (PTI) Equity benchmark indices Sensex and Nifty nosedived nearly 2 per cent on Monday as soaring crude oil prices and weak global trends due to the worsening situation in West Asia triggered a sharp sell-off in the stock market. Besides, unabated foreign fund exodus and the weakness in the rupee against the US dollar weighed heavily on investors’ sentiment, traders said. The 30-share BSE Sensex tanked 1,352.74 points, or 1.71 per cent, to settle at 77,566.16, registering its second day of decline. During the day, the benchmark crashed 2,494.35 points, or 3.16 per cent, to 76,424.55. A

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