⛏Brent Crude Oil Futures
BRENT
▼ NegativeGeopoliticsrelevance
US-Iran peace talks resume, easing Middle East tensions and reducing supply risk, causing Brent crude futures to fall nearly 5%.
Impact on assets 1
Others
Indian shares are expected to open notably higher on Monday as US-Iran peace talks resume, easing Middle East tensions. Foreign institutional investors remained net buyers for a fourth straight session on July 31, purchasing equities worth Rs. 277 crore. Brent crude futures fell nearly 5 percent toward $83 a barrel after President Donald Trump called off a planned large-scale military strike on Iran, signaling renewed diplomatic momentum. Peace talks resume today with Saudi Arabia and other allies urging diplomacy, while Iranian President Masoud Pezeshkian said a memorandum of understanding with the US would become the cornerstone of Tehran's future foreign relations.
US-Iran peace talks resume, easing Middle East tensions and reducing supply risk, causing Brent crude futures to fall nearly 5%.