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Strait-of-Hormuz

2 articles filed under this tag.

Markets

Hormuz on the Edge: How a US Blockade of Iran Is Reshaping Indian Markets

Brent crude is heading for a 4% weekly gain near $87 as the US signals an indefinite naval blockade of Iran and Hormuz traffic grinds to a halt. Indian benchmarks snapped a two-week winning streak. Here is how the oil shock flows into the rupee, FII flows, and sectoral margins.

10 min read

Finance

India's FX War Chest Nears Record as Oil Risk Looms

India's foreign exchange reserves jumped $10.5bn to $692.87bn, the biggest weekly gain since January, as the RBI rebuilds its currency-defence firepower ahead of a fragile oil market. We unpack what the numbers really say.

11 min read