Indian shares set for steep drop as widening Mideast war drives oil spike

Indian shares are set to slide on Monday after oil prices surged nearly 20% in early trade to their highest since July 2022, as the widening U.S.-Israeli ​war with Iran stoked fears of tighter supplies and prolonged disruption through the ‌Strait of Hormuz.

Mar 9, 2026 - 07:00
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Indian shares set for steep drop as widening Mideast war drives oil spike
Indian shares are set to slide on Monday after oil prices surged nearly 20% in early trade to their highest since July 2022, as the widening U.S.-Israeli ​war with Iran stoked fears of tighter supplies and prolonged disruption through the ‌Strait of Hormuz.

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