US stock market crash today erased over 500 Dow points as oil prices spiked 13% after US–Israel strikes on Iran. The Dow Jones fell 1.1%. The S&P 500 dropped 1%. The Nasdaq slid 1.1% in heavy selloff trading.

Stock market outlook: Market analysts expect Nifty 50 to remain above 21,000 despite geopolitical tensions and rising oil prices. A potential 10-12% correction is anticipated, but strong domestic flows may prevent a significant drop.

State-owned VTB bank plans to file for bankruptcy of First Oil Group, formerly linked to major petrochemical holding Sibur through ex-shareholder Yakov Goldovsky. The company, operating in the Khanty-Mansiysk Autonomous Okrug — Russia’s primary oil province — has accumulated about 6 billion rubles ($78 million) in debt it cannot repay.

Aviation stocks witnessed a sharp sell-off on Monday, plunging up to 9% as a spike in global crude oil prices and widespread airspace disruptions rattled investor sentiment.

With oil and natural gas prices going opposite directions lately, the question arises whether the commodities’ relative pricing will reverse on a long-term basis. Waco economist Ray Perryman and Odessa oilman Kirk Edwards say the situation is fluid.

Russia’s oil-and-gas budget suffered a painful blow in 2025. Revenues from the sector fell 24% to 8.48 trillion roubles, the weakest showing since 2020. That matters because oil and gas still bankroll roughly a quarter of the federal budget, and that ...