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Strait Of Hormuz

Gold and silver prices fell on Tuesday, with MCX gold down 0.33% and silver declining 0.93% as higher US yields pressured bullion.

President Trump denies an Axios report that the US offered Iran sanctions relief and access to frozen assets in return for nuclear concessions.

Brent crude could reach $120 per barrel if West Asia tensions intensify, while Brickwork Ratings expects $95-$110 in H2 FY27.

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.