The Indian rupee fell 17 paise amid global volatility driven by US-Iran tensions and rising oil prices. Despite strong equity markets, forex uncertainty, RBI measures, and foreign outflows weighed on the currency, highlighting risks from geopolitical instability.
Markets tumble on US-Iran tensions and surging oil-IT stocks lag, but mid- and small-caps defy the slump. Can broader markets hold steady amid rising global risks?
Amid escalating tensions between the US and Iran, President Donald Trump has extended the deadline for potential strikes on Iranian energy sites to April 6. The move comes as diplomatic talks between the two sides continue, with both showing cautious optimism.
Donald Trump claimed Iran gifted 10 oil tankers as a peace signal but warned of severe consequences if no deal is reached. He criticized Iran’s actions in the Strait of Hormuz and hinted at stronger military and economic measures.
Amid Middle East tensions, the U.S. has signed major defense deals to boost missile production, raising concerns over weapon stockpiles. While Trump speaks of peace with Iran, Tehran denies talks, keeping the geopolitical situation tense and uncertain.
US President Donald Trump has issued a 48-hour ultimatum to Iran to reopen the Strait of Hormuz or face potential strikes on its power infrastructure. The warning comes amid escalating tensions and concerns over global oil supply disruptions.
US President Donald Trump hinted at stronger action against Iran and questioned allies’ role in securing the Strait of Hormuz, while criticizing NATO for refusing to join ongoing military operations.
The United States has launched a major military operation in Iran following Israeli strikes in Tehran, escalating tensions in the Middle East. Explosions near key government sites and rising regional alerts signal a potentially wider conflict.
On the global front, spot gold fell 1.5% to $5,150.38 per ounce after earlier touching a more than three-week high. US gold futures for April delivery dropped 1.1% to $5,170.70 per ounce.
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