Market trader Peter McGuire assesses the geopolitical situation’s impact on oil prices, emphasizing the timeframe’s importance. A short-lived conflict might cause a blip, but a prolonged issue, especially involving the Strait of Hormuz, could significantly elevate prices. McGuire highlights the potential for prices to surge beyond $100 if Iran blocks the Strait, urging observation of U.S. and Saudi responses.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an