Bharat Express DD Free Dish

Strait Of Hormuz

Oil prices fell as possible US-Iran talks raised hopes of reopening the Strait of Hormuz and easing supply disruption concerns.

India urged respect for international law, saying commercial vessels must not become targets of geopolitical tensions.

The Strait of Hormuz crisis could affect India’s energy supplies, shipping costs and trade security through its links with Iran, UAE and Saudi Arabia.

Crude oil prices rose above $100 as Iran-US tensions raised fresh concerns over supplies through the Strait of Hormuz.

Iran has warned ships of sanctions and possible loss of Strait of Hormuz access under proposed new maritime restrictions.

Three commercial vessels turned back from the Strait of Hormuz after Iran’s IRGC Navy warned that the passage was closed.

Indian stocks may see higher volatility next week as investors track crude oil prices, bond yields and US Fed rate expectations.

MJ Akbar said PM Modi’s meeting with Pezeshkian sent a powerful message on diplomacy, regional tensions and war alliances.

Sensex ended 539 points lower at 76,933, while Nifty settled 116 points lower at 24,090 in volatile trade on Thursday.

Why are Sensex and Nifty higher today? Indian equities opened in the green as falling crude prices supported market sentiment.