#gulf-crisis

Priority operation : India rushes to evacuate 13 ships out of volatile Hormuz as Gulf crisis deepens

Rupee May Appreciate Once West Asia Situation Normalises: RBI Governor

The rupee is expected to appreciate once the situation in West Asia normalises, said Reserve Bank of India Governor Sanjay Malhotra. He said the domestic currency is currently undervalued due to the recent decline caused by the Gulf crisis

Emkay sees India markets bouncing back, but Gulf crisis clouds outlook

The brokerage said the Strait of Hormuz has remained shut for eleven weeks following an escalation beginning in early April, pushing Brent crude to $105–110 per barrel