business / news / / The Financial Express
The GIFT Nifty down 300 points or 1% after the collapse of talks between the United States and Iran.
The US has ordered a naval blockade of the Strait of Hormuz after failed Iran talks.
KEY POINTS
- Iran's Revolutionary Guard claims full control over all traffic in the Strait of Hormuz.
- Donald Trump warned China of 'staggering' tariffs if it supports Iran militarily.
- Brent crude oil prices surged above $103 per barrel following the escalation.
COMPANIES
Summarized by Newsio from The Financial Express. How we summarize →