Global crude oil markets face uncertainty in mid-2025. Israel’s airstrikes on Iran’s nuclear facilities caused Brent crude prices to surge. Concerns about supply disruptions from the Persian Gulf and potential Iranian retaliation through the Strait of Hormuz loom large. Despite OPEC+ production cuts, increased output from other nations and tepid demand growth, particularly in the U.S.
Market expects one more rate cut as inflation stays benign
Indian economists and bond market experts expect another quarter percentage point cut in policy rates. This follows the Reserve Bank of India’s recent rate reduction