Iran-Israel war

At 11:55 a.m. GMT, Brent futures had dropped 48 cents, or 0.6%, to $86.63. Down 38 cents, or 0.5%, to $82.35, was the most active U.S. West Texas Intermediate contract.

Under the Organization of the Petroleum Exporting Countries (OPEC) cartel, which is headed by oil giant Saudi Arabia, Iran is the third-largest producer.

Following a suspected Israeli strike on its embassy compound in Syria on April 1, which resulted in the deaths of senior Revolutionary Guard leaders, Iran launched the attack.

Amidst the current tensions between Israel and Iran, Air India and Vistara announced a day earlier that they would no longer be operating flights that would pass over Iranian airspace on their way to Europe and other Western…

The Iran-Israel conflict may have an effect on the Indian stock market, which might then cause panic selling and instability in the world's equity markets, which would have an effect on the price of bonds, gold, and oil…