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Indian Shares Set To Rally As Crude Oil Prices Crash On US-Iran Truce

Apr 08, 2026 02:44 UTC

(RTTNews) - Indian shares are likely to open on an upbeat note on Wednesday after the U.S.

  • April 07, 2026 — 10:44 pm EDT Written byRTTNews
  • comforRTTNews-> (RTTNews) - Indian shares are likely to open on an upbeat note on Wednesday after the U
  • S

April 07, 2026 — 10:44 pm EDT Written byRTTNews.comforRTTNews-> (RTTNews) - Indian shares are likely to open on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The ceasefire calls for Israel and Hezbollah to halt fighting in Lebanon, while U.S. President Donald Trump said he was holding off on his threatened attacks on Iranian bridges and power plants. The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transiting through the Strait of Hormuz. Trum

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