Asian stocks extended their slide as the war in Iran threatens global inflation and prompts traders to pare bets on Federal Reserve interest-rate cuts. Oil prices edged up amid concerns over shipping through the Strait of Hormuz, while gold rebounded. Markets are reacting to escalating regional tensions and potential supply disruptions.
These stocks defy market volatility, extend rally beyond US-Iran ceasefire
The US-Iran war, which commenced on February 27, caused significant volatility in the equity markets, impacting key benchmarks. By October, the Nifty 50 index exhibited