- RBI manages policy based on domestic inflation and growth, noting that easing West Asia tensions and lower Brent crude prices are easing inflationary pressures for India.
- Geopolitical risk stemming from Middle East tensions is driving market volatility and influencing expectations for FED rate hikes.
- Renewed tensions due to the US-Iran war are pushing oil prices back toward $80/barrel, while markets weigh expectations against risks.
Oil price hikes are affecting financial markets as war fighting continues in Iran.
5 reports, 2 independent
Updated Thu 00:00
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What happened
Oil price hikes are affecting financial markets as war fighting continues in Iran.