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Market move● Neutral for Indian equities
Oil Holds Gain as Traders Weigh Recovery in Middle East Flows
- Oil prices stay flat as markets weigh US-Iran talks and Middle East supply
- IDF video: Child allegedly used as ‘human shield’ to move weapons in Gaza
- Rating upgrades moderate in H1 as India Inc faces multiple headwinds
- Export schemes extended amid West Asia crisis
- US leaves Iraq, Houthis advance: Challenges for the Middle East as it prepares for a post-American security era
Iran ceasefire talks and regional oil tensions
Oil rose amid deadlocked U.S.-Iran ceasefire talks and Iranian threats to disrupt Gulf oil exports, while Middle Eastern crude exports reached a wartime high and Hormuz flows averaged above 10 million barrels per day. Iran said it received a U.S. response to its peace proposal as U.S. forces prepared to leave Iraq.
Thursday, 1 October
- Oil Holds Gain as Traders Weigh Recovery in Middle East Flows