Oil prices saw a slight uptick amid concerns over potential disruptions from a U.S. blockade of Venezuelan tankers. Markets are also keenly awaiting developments on a possible Russia-Ukraine peace deal. Meanwhile, Ukraine’s drone strike on a Russian oil tanker in the Mediterranean signals escalating tensions in the ongoing conflict.
Oil shock from Iran war raises risks for India’s stock market
Escalating Middle East tensions are poised to further weaken Indian equities, with strategists warning of underperformance against global peers. Higher oil prices, driven by the