✉news BusinessMarkets first seen 13 h ago, last 1 h ago, peak #2
Indian shares slide to near six-month low on oil spike
Original: Indian shares slide to near six-month low as US-Iran deadlock lifts oil prices
Indian stock markets fell to their lowest levels in nearly six months as a deadlock between the United States and Iran pushed oil prices higher. Rising crude is a particular concern for India, a major oil importer, with investors worried about the impact of costlier energy on inflation, corporate profits and the wider economy.
Why now: US-Iran tensions are lifting oil prices, hurting oil-importing India's markets.
Evidence
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