← Top stories
Market move▼ Bearish for Indian equities
Oil rises for a second session as Middle East supply concerns persist
The brief
- Oil prices rose for a second session amid continued Middle East supply concerns
- Iranian officials were reportedly pessimistic about a deal before US midterm elections
- Higher crude can pressure Indian oil marketers and lift costs for airlines and other fuel users
- Trump says US will win Iran war soon; does not rule out strikes before midterms
- Trump to bomb Iran once November midterms end
- Trump rejects Iran’s seven-day ceasefire proposal; renewed bombing reportedly possible
- Senate narrowly votes down resolution calling for end to Iran war