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Israel-Iran tensions impact: Crude oil climbs over $1 amid geopoliitcal concerns, evacuation fears hit global markets

IndiaTimes Tuesday, 17 June 2025 ()
Global stock markets experienced a downturn, and oil prices surged due to Israel's evacuation warning in Tehran, heightening fears of a broader regional conflict. European and Asian equities declined, while US futures pointed lower amidst investor anxiety. The Bank of Japan acknowledged economic uncertainties, and investors remained watchful of trade tensions and the upcoming US Federal Reserve meeting.
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News video: India Defies SCO, REFUSES To Condemn Israel’s Iran Strikes Amid Global Chaos And Rising War Fears

India Defies SCO, REFUSES To Condemn Israel’s Iran Strikes Amid Global Chaos And Rising War Fears 03:01

India has refused to endorse the SCO's strong condemnation of Israel’s military strikes on Iran, signalling a diplomatic divergence within the Eurasian bloc. While China, Russia, and others denounced Israel’s actions, New Delhi maintained a neutral stance—underscoring its strategic balancing...

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