Oil Surges Past $100 As Middle-East War Triggers Market Meltdown

Global tensions sent financial markets into a tailspin as crude oil prices breached the $100-per-barrel mark on the 10th day of the Middle-East war. Indian indices slumped sharply, with the Sensex crashing over 2,000 points and the Nifty falling below 24,000 amid weak global cues and soaring crude prices. Asian markets also tumbled, with Japan’s Nikkei 225 and South Korea’s Kospi recording steep declines.

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