New Delhi: The United States is considering a move to un-sanction Iranian oil as a primary measure to stabilize global energy markets and curb the recent spike in crude prices. United States Secretary of the Treasury Scott Bessent confirmed the strategic shift, describing it as part of a broader “coordinated effort” across the federal government.
Indian stock markets ended a turbulent week on a weak note, with benchmark indices logging their steepest weekly drops in years. The BSE Sensex slumped nearly 1.93% on Friday to 74,563.92, and the Nifty 50 fell about 2.06% to 23,151.10, reflecting heightened caution among investors amid persistent global geopolitical tensions and crude oil price pressures..
