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The escalating conflict in the Middle East has triggered a sharp sell-off in Indian equities, wiping out billions of dollars in investor wealth and rattling markets across Asia.

Sensex Plunges 1,773 Points Amid Global Shockwaves Mumbai — India’s stock market tumbled sharply Wednesday morning as intensifying tensions involving Israel, Iran, and the United States sent shockwaves through global financial markets. The benchmark Bombay Stock Exchange Sensex fell 1,773 points, or 2.21%, to 78,465 in early trading. Meanwhile, the National Stock Exchange Nifty 50 … Read more

India Signals Increased Interest in Russian Crude Amid Gulf Supply Crisis

Moscow/New Delhi: As geopolitical tensions escalate in the Middle East and concerns grow over disruptions in the Strait of Hormuz, India is signaling renewed interest in boosting imports of Russian crude oil to safeguard its energy security. The crisis intensified following U.S. and Israeli strikes on Iran, raising fears that Tehran could block or restrict … Read more