Indian shares are set to open higher after the U.S. and Iran reached an initial agreement to end the war, lift the U.S. naval blockade on Iranian ports, and reopen the Strait of Hormuz. The agreement reduces geopolitical risk and removes a major supply threat for roughly one-fifth of global oil flows, a potentially bearish development for crude and supportive for risk assets.
Indian shares are set to open higher after the U.S. and Iran reached an initial agreement to end the war, lift the U.S. naval blockade on Iranian ports, and reopen the Strait of Hormuz. The agreement reduces geopolitical risk and removes a major supply threat for roughly one-fifth of global oil flows, a potentially bearish development for crude and supportive for risk assets.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.62
