Dalal Street is set to watch crude oil closely after Iran hinted at resuming negotiations with the U.S. Oil fell sharply from four-year highs, but weekly gains remain possible. Traders also factor in Iran’s continued obstruction of the Strait of Hormuz and U.S. restrictions on Iranian crude exports, which could keep market volatility high next week.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
