Branch² Intelligence
Asian stocks today: Kospi, Nikkei fall over 2% amid ongoing US-Iran war, rising crude oil prices
Key takeaway
US-Iran tensions escalate: Trump reinstates blockade on Iranian ports, proposes Strait of Hormuz transit fee.
- Step 1US reinstates blockade on Iranian ports and proposes Strait of Hormuz transit fee.
- Step 2Brent crude prices spike as supply disruption risk is priced in.
- Step 3Indian fuel import costs rise, widening trade deficit and pressuring INR.
- Step 4Indian SMEs face higher input costs (fuel, logistics, raw materials) and reduced margins.
Source: LiveMint Markets
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