Bureau, June 23, 2025 – The crisis in the Middle East has intensified following the U.S. airstrikes on three Iranian nuclear facilities, sending shockwaves through Indian financial markets and energy sectors. The Sensex opened with a gain of nearly 500 points but soon plummeted by over 800 points. Similarly, the Nifty dropped by approximately 250 points. At 9:45 AM, the Sensex stood at 81,560 points, while the Nifty was at 24,859 points. The global economic slowdown has notably impacted the Indian stock market.
The energy market is also feeling the pressure. Crude oil prices have risen by 2% per barrel, driven by Iran’s closure of the Strait of Hormuz and the ongoing conflict. Iran, recognized as the world’s ninth-largest oil producer, generates around 3.3 million barrels of crude oil daily. The war-related disruptions have already affected oil markets, and experts anticipate a potential increase in petrol and diesel prices in the coming days.
This crisis poses economic challenges for India, with market analysts urging close monitoring of market trends in the near future.
