Crude oil analysis: IEA's potential record oil reserves release and what it means for prices.With Iran continuing to threaten vessels passing through the Strait of Hormuz, the focus will be on how the US and other major economies will ensure the flowing of crude oil via this narrow passage and alternative routes to help stabilise prices. Chief among the measures considered is the coordinated release of oil reserves.
Indian fintech firm Cred gets payment aggregator nod from central bank.India's Cred, backed by Tiger Global and Peak XV, has received approval from the country's central bank to operate as a payment aggregator, the fintech firm said on Wednesday.
Crude Oil –11.03.2026. Crude Oil moved lower after a report on the proposed release of oil reserves to ease higher energy prices. As long as U.S administrators can convince traders that the war in Iran will end soon, prices could hold between 71.00 and 87.00.
USD/JPY –11.03.2026. USDJPY hit the second target at 157.60. As we see over the chart, the market facing a grey zone at 158.00-159.45 which is considered as a resistance zone, which could maintain the risk for another drop wave towards 155.30-50 and 152.00-50.