Commodities
Indian Markets on Edge Ahead of Crucial Week Amid US-Iran Tensions
The Indian stock markets are bracing for another volatile week as investors track developments in US-Iran tensions, crude oil prices, and US tariff threats.
US-Iran tensions will be a major focus point for investors, with the conflict affecting crude oil prices globally. India's dependence on crude imports makes it particularly sensitive to higher energy costs.
The US has given its administration authority to impose tariffs of up to 100% on countries buying Russian oil and gas, which could impact India and China's trade and energy purchases.
Crude oil prices will remain a key factor, with higher prices increasing India's import bill, adding to inflationary pressures, and putting pressure on the rupee.