Sensex Falls 300 Points as Strait of Hormuz Uncertainty Rattles Markets

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Indian equity markets declined on Monday, with the Sensex shedding around 300 points amid growing investor uncertainty. The drop was linked to rising concerns over the Strait of Hormuz, a critical global oil shipping route whose status remains unresolved. Oil prices held near a one-week high as the potential disruption to the waterway kept energy markets on edge. The uncertainty surrounding the strait's reopening weighed on sentiment across broader financial markets. Investors remained cautious as developments around the strategically important passage continued to unfold.

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