Bharat Express DD Free Dish

Strait Of Hormuz

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.

Sensex fell 172 points and Nifty declined 33 points as rising Iran tensions and Strait of Hormuz concerns weighed on Indian markets.

President Trump criticised South Korea over its refusal to help secure the Strait of Hormuz and questioned military exercises involving North Korea.

President Trump said Iran wants a deal but rejects US terms as the 60-day negotiating period ended, while Tehran denied backchannel talks with Washington.