Escalating West Asia tensions kept oil prices elevated and triggered broad-based selloff in domestic equities, pushing benchmark indices to multi-month lows and erasing ₹21.5 trillion in market value
Any impact on the oil infrastructure in case of a prolonged war could see the Nifty drop to 23,500 - 23,700 levels," says U R Bhat, co-founder & director of Alphaniti Fintech.
President Donald Trump suggested to the Daily Mail the conflict could last for four more weeks, while posting that attacks would continue until US objectives were met
Crude oil trades near 7-month highs as US-Iran tensions sustain a $5-$6 risk premium. Analyst explains how Strait of Hormuz, Opec+ decisions, and current Brent oil prices shape oil market outlook
Oil prices are at six-month highs as US-Iran tensions escalate. Brent crude is near $72 on fears of supply disruption and risks around the Strait of Hormuz. Analysts see higher oil prices ahead
The major oil producer lies opposite the oil-rich Arabian Peninsula across the Strait of Hormuz, through which about 20 per cent of global oil supply passes
Sensex crashes 791 pts and Nifty falls below 25,600 as Brent crude tops $70, India VIX jumps 7 per cent, and bank stocks drag markets. Here's why the stock market is falling today
Political consultancy Eurasia Group said in a Tuesday note to clients that it thinks there is a 65 per cent probability of U.S. military strikes against Iran by the end of April
Trump said that he had been told that killings in Iran's crackdown on nationwide protests were subsiding and he believed there was currently no plan for large-scale executions
Tehran warned US allies in the Middle East it would strike US bases on their soil if Washington attacked Iran. Some personnel were advised to leave a US military base in Qatar
On the bourses, IGL share price rallied up to 5.54 per cent to an intraday high of ₹193.35 per share, while MGL share price rose up to 4.22 per cent to an intraday high of ₹1,159.25.
Brent crude futures fell $1.11, or around 1.8 per cent, to $59.45 a barrel at 1023 GMT, while US West Texas Intermediate crude was trading at $55.71 a barrel, down $1.11, or nearly 2 per cent