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Calm returns near Strait of Hormuz but Iran still silent on US peace proposal

Calm returns near Strait of Hormuz but Iran still silent on US peace proposal

A fragile calm is holding around the Strait of Hormuz after sporadic skirmishes earlier this week eased. The US is awaiting Iran’s response to proposals meant to end recent clashes and open peace talks. Iran has not yet indicated whether it will engage, even as US forces reported strikes on Iranian-linked vessels.

Summarised by Beize from a story on The Economic Times on 10 May 2026
Sensex Sinks 516 Points as Nifty Closes Below 24200 on Iran US Tensions and Smallcaps Rally

Sensex Sinks 516 Points as Nifty Closes Below 24200 on Iran US Tensions and Smallcaps Rally

Indian markets logged a second straight session of losses as fresh Iran US escalations weighed on sentiment. The Sensex fell 516 points to 77,328, while the Nifty 50 dropped 150 points to 24,176, both ending over 0.6% lower. But smallcaps stood out, closing in the green and outperforming the benchmarks despite the broader slide.

Summarised by Beize from a story on The Economic Times on 8 May 2026

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Oil jumps after Iran US clashes revive Hormuz fears and disrupt hopes for reopening

Oil jumps after Iran US clashes revive Hormuz fears and disrupt hopes for reopening

Oil prices rose more than 1% after renewed Iran US clashes revived concerns about the Strait of Hormuz. The fight has clouded expectations of reopening routes, with Iran accusing the US of breaching a ceasefire and the US pointing to retaliation for attacks on its vessels. Experts warn escalation could disrupt global oil flows despite recent declines.

Summarised by Beize from a story on The Economic Times on 8 May 2026
Crude oil snaps back above 100 as Iran talks turn razor thin

Crude oil snaps back above 100 as Iran talks turn razor thin

Oil prices rebounded on Thursday after a sharp prior dip, with crude reclaiming the $100 level and ending a two-day slide. Traders weighed mixed signals around Iran US negotiations, amid reports of a possible deal to end the conflict. But President Trump’s warning of intensified bombing if Iran rejects a peace offer added volatility to expectations.

Summarised by Beize from a story on The Economic Times on 7 May 2026
UK Military Reports Attack on Bulk Carrier Near Strait of Hormuz Amid Iran Proposal

UK Military Reports Attack on Bulk Carrier Near Strait of Hormuz Amid Iran Proposal

A UK military statement says a bulk carrier near the Strait of Hormuz reported an attack by small craft. In parallel, Iran has sent a new proposal to the United States seeking to resolve bilateral issues within 30 days and end the ongoing war. President Trump is reviewing the plan, while Iran says it controls the waterway.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Trump says US paused plans to guide ships out of Strait of Hormuz amid Iran tensions

Trump says US paused plans to guide ships out of Strait of Hormuz amid Iran tensions

Donald Trump announced Washington has paused efforts to guide stranded vessels out of the Strait of Hormuz as US-Iran tensions simmer. The White House did not immediately clarify what led to the shift or the current status of any negotiations Trump referenced. The move raises fresh concerns over maritime safety in one of the world’s most critical chokepoints.

Summarised by Beize from a story on The Economic Times on 6 May 2026

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Oil slips again as US signals easing of Iran Strait of Hormuz blockade

Oil slips again as US signals easing of Iran Strait of Hormuz blockade

Oil prices fell Tuesday after a sharp earlier jump tied to U.S. Navy efforts to reopen the Strait of Hormuz. A U.S.-flagged vessel managed to exit the Gulf, easing near-term disruption worries. But the situation stayed tense as Iran carried out attacks in the region, striking commercial ships and setting a key UAE oil port ablaze.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Sensex slips 100 points and Nifty falls below 24100 as oil spikes and peace hopes fade

Sensex slips 100 points and Nifty falls below 24100 as oil spikes and peace hopes fade

Indian equities slipped on Tuesday as the Sensex eased by about 100 points and the Nifty slipped below 24,100. Investors grew cautious amid Iran US conflict concerns, while oil prices surged. Despite the broad weakness, mid and smallcap indices gained, and India VIX fell—suggesting volatility cooled even as risk sentiment weakened.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Iran blasts Pakistan as mediator, while Tehran courts Washington with a new Hormuz plan

Iran blasts Pakistan as mediator, while Tehran courts Washington with a new Hormuz plan

A senior Iranian lawmaker says Pakistan lacks credibility to mediate between Tehran and Washington, accusing Islamabad of aligning with US interests. Talks in Islamabad reportedly stalled amid growing mistrust. But Tehran has allegedly floated a “new deal” to Washington, seeking to reopen the Strait of Hormuz and reduce regional tensions, signaling a separate diplomatic track.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026
Sensex jumps 400 points and Nifty reclaims 24000 after Iran peace proposal report

Sensex jumps 400 points and Nifty reclaims 24000 after Iran peace proposal report

Indian stocks snapped a two-day slide on Monday as sentiment improved after reports that Iran sent a peace proposal to the US. The Sensex surged more than 400 points to cross 77,000, while the Nifty climbed above 24,000. Small and midcap indices also rose, signaling broader buying as markets weighed easing geopolitical pressure.

Summarised by Beize from a story on The Economic Times on 27 Apr 2026

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GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback

GIFT Nifty rallies 110 points as Iran US peace hopes spark a 24K comeback

GIFT Nifty jumped about 110 points on renewed Iran US peace talk hopes, lifting market sentiment after recent weakness. Traders are now watching whether positive global cues can help Nifty 50 reclaim 24,000 on Monday, despite ongoing pressure from IT-led selling that has contributed to the pullback.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gulf States in Limbo as Strait of Hormuz Crisis Worsens US Iran Standoff

Gulf States in Limbo as Strait of Hormuz Crisis Worsens US Iran Standoff

Gulf states are stuck between war and peace as the Strait of Hormuz blockade slashes energy exports and forces costly infrastructure repairs. Stalled US-Iran talks are putting economic recovery and diversification plans at risk, while analysts say the region struggles to shape Washington’s decisions. Reports of unpaid leave and salary cuts add pressure as about half of Gulf countries forecast contraction.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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