Indian shares advance as oil falls on Middle East hopes - Reuters
Indian shares advance as oil falls on Middle East hopes Reuters
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"the United States and Iran could sign a peace deal as soon as this weekend that would reopen the Strait of Hormuz to shipping."
— Donald Trump , Politician
"Easing geopolitical tensions have provided significant relief to energy markets, with crude prices falling sharply, which is positive for India."
— R Ponmudi , Executive
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<a href="https://news.google.com/rss/articles/CBMiqwFBVV95cUxPT0ZnSUdCMGtQQk84VFZXaTA1cXJoUDBJVm1rNFBjN0dEaW0wQzdXc2VfT095RTdydEdzbTctMGFkc3NTYnpVNDBEczhJNE8wNzdtZXhaOVdwWmNkNDFxZElJMGI0Zi1McmRncVpsbGVBWVZWVXpjMEdxQjBEd2w2MUF0OG5YX2xNZVdsRXpXUk1RdEo4MW56ZXFnNVlFV0NOMVl4SnRMdURBMlU?oc=5" target="_blank">Indian shares advance as oil falls on Middle East hopes</a> <font color="#6f6f6f">Reuters</font>
Indian shares rose as oil prices declined following U.S. President Donald Trump's cancellation of planned military strikes on Iran, citing progress in talks.
Indian shares opened higher, tracking gains in other Asian markets, as oil prices fell after U.S. President Donald Trump cancelled plans to strike Iran, citing progress in talks.
Shares of ONGC and Oil India declined as Brent crude prices fell below $90, following President Trump's cancellation of military action against Iran amid peace talks.
Indian shares are set to open higher, buoyed by easing Middle East tensions and falling oil prices following Trump's announcement regarding Iran, despite recent record foreign outflows.
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