Rising oil prices and renewed military action in the Gulf weighed on investor sentiment across the region.
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Rising oil prices and renewed military action in the Gulf weighed on investor sentiment across the region.
The exchange marks the most serious challenge yet to the memorandum of understanding signed by US President Donald Trump and Iranian President Masoud Pezeshkian on 17 June.
In a statement posted to social media, US Central Command said American forces launched the strikes "to impose heavy costs for targeting and attacking commercial shipping crewed by innocent civilians in an international waterway."
While global crude prices have fallen over the past week amid easing geopolitical tensions and higher OPEC+ production, Indian consumers are yet to see any relief at the fuel pumps as petrol and diesel prices remain unchanged.
Brent crude climbed as much as 2.8% to trade above $76 a barrel, while US benchmark West Texas Intermediate (WTI) rose above $72 a barrel.
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Thunder 3 Season 1 Episode 1 will stream exclusively on Netflix on July 8, 2026. The first episode is expected to be available at 12:30 p.m IST for viewers in India.
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