India and the US are nearing a bilateral trade agreement, with negotiators reporting significant progress and only a few issues remaining. Discussions are described as positive and productive, focusing on market access and tariff alignment. This potential deal, aimed at boosting trade between the two nations, is expected to be a win-win, marking a key
Asian markets showed a mixed performance Tuesday, with Tokyo and Seoul indices climbing on tech strength. Investors are closely watching potential US-Iran peace talks, which are offering some optimism, but geopolitical risks and high oil prices are keeping markets cautious. Developments around the Strait of Hormuz remain a key concern for global oil supply.
Oil prices dipped Tuesday, reversing Monday’s surge, as hopes for US-Iran peace talks eased supply disruption fears. Despite Iran’s Strait of Hormuz closure and vessel seizure, investors are watching potential ceasefire extensions. However, Tehran’s participation remains uncertain, with supply risks persisting and analysts warning of significant price hikes if talks falter.
