Commodities
Indian Market Bleeds as Crude Oil Prices Sink Amid US-Iran Tensions
The Indian stock market continued its downward trend on Tuesday, with the BSE Sensex plummeting over 300 points and the Nifty50 testing below 23,700.
The US financial markets were closed on Monday, leaving investors without a fresh session from Wall Street to assess ahead of Tuesday's trading.
Crude oil prices traded lower on Tuesday morning after Tehran said that an agreement to jointly manage the Strait of Hormuz with Oman was imminent, weighing heavily on market sentiment.