Trump Iran deadline: US President Donald Trump sets a strict deadline for Iran, warning of severe military action if no agreement is reached. Global tensions rise as the world watches closely.
Middle East tension
US-Iran conflict may spike India’s crude prices and fuel inflation
Escalating tensions between the United States and Iran over stalled nuclear negotiations have once again heightened geopolitical risks in global crude markets. Recent warnings from US leadership about possible military action after Iran allegedly crossed key American “red lines” triggered a sharp rally in crude prices, with WTI jumping more than 5% as markets reacted to the possibility of a broader confrontation. This renewed uncertainty has raised concerns about potential supply disruptions and their impact on major crude-importing economies, particularly India.