Sensex Falls 150 Points as US-Iran Tensions Push Crude Oil Above $90

Indian equity markets opened lower on Monday, with the Sensex declining around 150 points amid rising geopolitical tensions between the United States and Iran. The uncertainty in the Middle East triggered a rally in crude oil prices, with Brent crude climbing above $90 per barrel. Higher oil prices tend to weigh on Indian markets, as India is a major crude importer and elevated energy costs can widen the trade deficit. The Nifty index also traded in negative territory, reflecting broader investor caution. Market participants are closely watching developments in the region for further cues on oil supply and global risk sentiment.
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