Stock markets fell more than 2% as investors reacted to renewed tensions in the Middle East following U.S. President Donald Trump's statement that the temporary truce with Iran had ended. The escalation sparked a broad risk-off sentiment across global financial markets.
The renewed uncertainty pushed Brent crude oil prices sharply higher, increasing concerns over inflation and potential disruptions to global energy supplies. Indian equities also came under pressure, with benchmark indices witnessing significant losses as investors moved away from riskier assets.
Analysts say geopolitical developments, rising oil prices, and concerns over inflation could continue to drive market volatility in the near term. Investors are expected to closely monitor diplomatic efforts and further developments in the region for cues on market direction.
