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Market move● Neutral for Indian equities
Oil Extends Gain as Iran Uncertainty Outweighs Saudi Pipe Return
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Oil and markets react to US-Iran tensions
Oil climbed above $106 a barrel as Iran threatened to widen the war and Trump rejected Iran’s peace offer, while stocks fell amid fears of prolonged conflict. Mediators were working on a deal to end fighting and reopen the Strait of Hormuz, but ceasefire talks remained deadlocked.
Tuesday, 29 September
- Oil Extends Gain as Iran Uncertainty Outweighs Saudi Pipe Return