23-April-2026
Markets and Finance
 
India bonds sink as oil tops $100/bbl on US-Iran standoff
23-Apr-2026

Indian government bonds fell on Thursday as traders priced in the economic risks of oil surging past $100 a barrel, with Middle East tensions keeping a key energy shipping route blocked. On Wednesday, Iran seized two ships in the Strait of Hormuz, which transits about 20% of global oil and liquefied natural gas supplies, a day after U.S. President Donald Trump announced an indefinite extension to the ceasefire. There was no sign of peace talks resuming.

News Source:- https://economictimes.indiatimes.com/markets/bonds/india-bonds-sink-as-oil-tops-100/bbl-on-us-iran-standoff/articleshow/130459281.cms