Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback after geopolitical tensions in the Middle East triggered a wave of global financial uncertainty and according to market data compiled from the Bombay Stock
Oil Above $100, Markets in Red: How the Iran War Triggered a $240 Billion Shock for Indian Investors India’s stock markets have suffered a sharp setback after geopolitical tensions in the Middle East triggered a wave of global financial uncertainty and according to market data compiled from the Bombay Stock Exchange and the National Stock Exchange of India, the recent sell-off wiped out nearly $240 billion in investor wealth in just a week. The sell-off reflects how quickly international conflicts, Iran vs US-Israel war in this case, can ripple through financial markets, particularly in economies like India that are deeply connected to global trade, energy supply chains and foreign investment flows.Shaktikanta Das, Governor of the Reserve Bank of India, had previously highlighted the risks that global geopolitical tensions pose to financial stability. “Heightened
