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Daily Money Show Ep-1268 - Stock Market News
Original: Ep-1268 | stock market news | #dailymoneyshow
Takeaway
Iran-Israel war risks crude doubling to $200 and India LPG supply crunch - long-term SIP staggering remains the sane approach.
Summary
- Iran-Israel war: Iran threatens to close Strait of Hormuz; crude prices currently ~$100 with Iran warning of $200 oil; Sensex -829 to 76,034, Nifty -227 to 23,639, Bank Nifty -1.14%.
- Trump claims war ending while Iran insists on guarantees against further attacks and full sovereignty over its crude - Iran is also attacking ships and a major oil storage facility in Oman.
- India in talks with Iran to release 20 stranded ships through Hormuz, 10 carrying LPG; current LPG stock said to be 30 days, commercial use restricted to protect residential supply.
- Long-term staggered investing approach recommended despite volatility; many fall-induced โbargainโ stocks may not stay attractive.
crude oilIran-IsraelLPG
Original description
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