Oil prices retreated below $100 after fresh signs of US-Iran dialogue despite escalating tensions and a naval blockade. Markets remain volatile as supply disruptions persist and peace prospects stay uncertain. Analysts warn prices could stay elevated, with risks of further spikes if geopolitical tensions prolong and energy flows remain constrained.
Bleak Winter! Why analysts are hinting at painful October even after 8 weeks of Nifty correction?
The global backdrop remains the biggest problem. US yields above 5%, a firm dollar, higher crude prices and rupee weakness make India more vulnerable.
October 3, 2026