State-owned oil marketing companies have started asking petrol pump dealers to make advance payments for supplies of petrol and diesel, as refiners grapple with mounting revenue losses from retail fuel sales, according to a Reuters report.Nearly 90% of India’s about 1,01,470 fuel stations are linked to public sector refiners and retailers – Indian Oil Corporation,…

US stock markets traded higher in early deals on Tuesday even as crude oil prices resumed their upward movement, signalling a more stable investor response after sharp volatility linked to the ongoing war with Iran.The S&P 500 rose 0.7 per cent in early trading, coming off its strongest session since the conflict began. The Dow…