The risk-reward profile has shifted decisively to the downside as de-escalation signals intensify, raising the prospect of a rapid $20-30/bbl correction as the geopolitical risk premium unwinds
Government bond yields are expected to remain elevated, with the benchmark 10-year yield likely to test 7.25 per cent amid oil price pressures and heavy supply
Benchmarks surrender part of gains, end 1.6% higher; crude oil slips below $100 per barrel
US President Donald Trump lashed out Tuesday at allies who have been unwilling to do more to support the US war effort against Iran, telling them to "go get your own oil" and declaring that securing the Strait of Hormuz is "not for us." The president estimated that the American military will be done attacking in two to three weeks and said the US "will not have anything to do with" what happens in the strait that has been closed by the Islamic Republic. Instead, he told reporters that the responsibility for keeping the vital waterway open will rest with countries that rely on it. There's "no reason for us to do this," Trump said after signing an executive order that seeks to restrict mail-in voting. "That's not for us. That'll be for France. That'll be for whoever's using the strait." In other developments, the closure of the strait sent average US gas prices past USD 4 a gallon, and US strikes hit the central city of Isfahan, sending a massive fireball into the sky. Tehran attacked
In the financial year 2024-25, FPI inflows were supported by phased entry into JPMorgan's Government Bond - Emerging Market Index (GBO-EM)
A month into the war, investors continue to be whipsawed by a barrage of headlines as tensions and attacks between the US, Israel and Iran escalate
Prolonged West Asia conflict, supply chain woes major concerns
A month into the US-Israel–Iran conflict, the Strait of Hormuz, the world’s most critical oil artery, is no longer fully open. Traffic has collapsed, Iran is dictating passage
Halving the tax would reduce the cost of fuel by 26.3 Australian cents per litre, PM Albanese said
US President Donald Trump said that Iran had agreed to allow 20 ships carrying oil through the Strait of Hormuz starting Monday morning and continuing over the next few days "out of a sign of respect." "I would only say that we're doing extremely well in that negotiation but you never know with Iran because we negotiate with them and then we always have to blow them up," Trump told reporters Sunday night board Air Force One as he flew to Washington. Trump was asked if Iran had responded to the 15-point ceasefire plan the US has proposed and he said, they did and added, "They gave us most of the points. Why wouldn't they?" But Trump didn't offer details when asked about Iran, by his telling, appearing to make major concessions. "They're agreeing with us on the plan," Trump said. He also said Iran's new Supreme Leader Ayatollah Mojtaba Khamenei "may be alive but he's obviously, very seriously in trouble. He's seriously wounded.
The United States, as the world's biggest gas exporter, will almost certainly benefit from this upheaval, at least in the short term
Benchmark indices fell sharply as rising crude prices and escalating West Asia tensions unsettled investors, dragging markets to their longest weekly losing streak in months
Brent crude futures rose by $2.73, or 2.53%, to $110.74 a barrel by 1257 GMT. U.S. West Texas Intermediate futures were up $2.39, or 2.53%, at $96.87
A broader escalation-including the potential closure of the Red Sea chokepoint by Yemen's Houthis-would likely push both Brent and WTI to new cycle highs
The government has reduced the excise duties on petrol and diesel by ₹10 per litre each, bringing them down to ₹3 per litre of petrol and zero per litre of diesel
Indian refiners find the Iran oil supply chain difficult to navigate, especially within the limited waiver window set by Washington for the oil to be delivered and paid for
Rising crude and gas prices are set to squeeze margins of paint companies, even as demand remains stable and firms announce staggered price hikes to offset costs
Nifty outlook hinges on oil and geopolitics, with Bernstein projecting a wide 19,900-27,500 range depending on conflict trajectory and crude price trends
Earlier this week, a Reuters report said Reliance had purchased over 5 million barrels of Iranian crude from the National Iranian Oil Company, though delivery timelines remained unclear
In the past two trading sessions, the Sensex has surged more than 2,500 points, or nearly 3.5 per cent on a closing basis. Similarly, the Nifty 50 index has added nearly 800 points, or 3.5 per cent