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US-Iran conflict scare puts markets on edge, oil prices likely to go up

Experts fear risk-off trade, spike in oil prices, weaker rupee to hurt India's fundamentals

Topics
US Iran tensions | US Iran deal | US Iran

Jash Kriplani Anup Roy Ashley Coutinho  |  Mumbai 



Iran
A protester outside the Federal Courthouse in St Louis in the US on Saturday. Photo: PTI

Market participants are bracing themselves for heightened volatility as escalating tensions between the US and Iran are threatening to disrupt macroeconomic conditions, with oil prices likely to go up amid possibilities of a full-blown conflict between two of the biggest oil-producing nations.

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First Published: Sun, January 05 2020. 18:48 IST

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