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Bloomberg

Indian Stocks, Rupee Slide After Trump Reignites Iran Tensions

Wednesday, July 8, 2026


Indian stock indices declined and the Indian rupee weakened after crude oil prices increased following statements from US President Donald Trump that a tentative ceasefire with Iran had ended after recent attacks on ships in the Strait of Hormuz.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-08/indian-stocks-rupee-slide-after-trump-reignites-iran-tensions

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