Indian shipping stocks, including GE Shipping and SCI, surged following escalating tensions between Israel and Iran. The geopolitical unrest drove crude oil prices higher and fueled speculation about rising container shipping rates.
Oil prices turn lower as investors assess outlook for US-Iran peace talks
Brent crude futures were down 21 cents, or 0.2%, at $98.27 a barrel at 0039 GMT, after touching $99.38 earlier in the session. West Texas