Oil prices plunged nearly 10% after U.S. President Donald Trump said the war in West Asia could end soon and signaled plans to waive oil-related sanctions and have the U.S. Navy escort tankers. Indian shares are poised to rebound on the oil-driven relief, indicating a short-term risk-on move for emerging-market equities.
Oil prices plunged nearly 10% after U.S. President Donald Trump said the war in West Asia could end soon and signaled plans to waive oil-related sanctions and have the U.S. Navy escort tankers. Indian shares are poised to rebound on the oil-driven relief, indicating a short-term risk-on move for emerging-market equities.
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mildly positive
Sentiment Score
0.25
