Sensex slides 703 pts as crude spikes again
Times Of India
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Global markets experienced significant volatility on Monday following the collapse of West Asia peace talks, pushing crude oil past $100 a barrel and reigniting inflation fears.
Indian markets, though opening sharply lower, saw some recovery.
Foreign funds divested heavily, while domestic investors showed buying interest, anticipating stock-specific opportunities amidst geopolitical uncertainties.
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What does a U.S. naval blockade of Iran mean for oil flows?
The Japan Times —
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Talks collapse, and now a blockade: Experts expect gas prices to keep climbing
Scripps News —
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Traffic appears to halt in the Strait of Hormuz
Business Insider —
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Dow falls 150 points, oil surges above $100 after Trump announces Strait of Hormuz blockade
NY Post —
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Oil prices spike as Trump plans clampdown on Strait of Hormuz
Daily Mail —