Stock Market News: Trump Eases Oil Sanctions, Gold & Silver Price, India Faces LPG Supply Crunch

Описание: Markets rallied after US President Donald Trump announced potential easing of oil-related sanctions to help bring down energy prices amid rising global tensions. Trump also warned that the US Navy may escort oil tankers through the Strait of Hormuz if supply routes come under threat. Oil prices plunged, with Brent crude and WTI both falling below 90 dollars. Meanwhile, India is facing an LPG supply crunch impacting households and commercial users. Restaurant bodies have warned of possible closures with supply disruptions already reported in cities like Bengaluru and Mumbai. The government has asked refineries to prioritise domestic LPG even as efforts are underway to secure additional imports and ease the shortage. SEBI chief Tuhin Kanta Pandey urged investors not to panic amid global market turbulence, stating that India's strong domestic fundamentals provide resilience. Axis Bank Chief Economist Neelkanth Mishra warned that sustained jump in crude could add billions to India's import bill.

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