Indian Markets Set for Weak Open as Crude Rises on Iran Tensions

Indian equity markets are expected to open lower on Tuesday amid mixed signals from global markets. Crude oil prices climbed approximately 1% after former US President Donald Trump rejected a peace proposal involving Iran. The development has brought the Strait of Hormuz, a critical global oil transit route, back into focus for energy markets. Rising crude prices typically weigh on Indian markets due to the country's heavy dependence on oil imports. Investors are likely to remain cautious as geopolitical uncertainty in the Middle East adds to global market volatility.
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