Middle East

 Indian markets are likely to remain under pressure on Monday, tracking weakness across Asian markets and renewed concerns over elevated crude oil prices amid escalating tensions around the Strait of Hormuz.

Benchmark indices Sensex and Nifty are likely to open sharply lower on Monday, tracking weakness across Asian markets and renewed concerns over elevated crude oil prices amid escalating tensions around the Strait of Hormuz. GIFT Nifty was trading at 23,558 in early morning trade, down 150 points or 0.63 percent, indicating a negative start for Indian equity benchmarks.

Investor sentiment also remained cautious after U.S. President Donald Trump warned that the “clock is ticking” for Iran to strike a deal, reinforcing fears of a prolonged standoff in the Middle East


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