On Friday, oil prices experienced a modest rise amid shipping uncertainties in the Strait of Hormuz. Traders exhibit caution regarding transit through this critical route.
Meanwhile, US President Donald Trump hinted at a potential resolution to the ongoing conflict. Additionally, Iran and Oman are exploring new transit options for the waterway.
As developments unfolded, market trends reversed previous declines.
This story was reported by The Times of India. Read the full coverage at The Times of India.
