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✉news BusinessMarkets first seen 3 h ago, last 51 min ago, peak #2

Indian shares fall to near six-month low on oil price surge

Original: Indian shares slide to near six-month low as US-Iran deadlock lifts oil prices

Indian stock markets dropped to their lowest levels in nearly six months as a deadlock in US-Iran negotiations pushed oil prices higher. Rising crude costs weigh on India, a major oil importer, fuelling concerns about inflation, import bills and corporate margins, which has driven selling pressure across the benchmark indices.

Why now: Escalating US-Iran tensions are lifting oil prices, hurting oil-importing India's markets.

IndiaUnited StatesIran

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