Last Updated: October 20, 2026

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  • Tag: Crude oil surge

    Markets Open Lower as Hormuz Tensions Rise, Oil Surges to USD 113

    Mumbai: Global stock markets opened lower on Tuesday as renewed geopolitical tensions in the Strait of Hormuz dampened investor sentiment and triggered risk-off trading across major indices. Oil Prices Spike on Supply Fears Crude oil prices surged to around USD 113 per barrel as fears of supply disruptions in the key Middle East shipping route.