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Asian Market Updates

Indian Shares Retreat As Oil Climbs Back Above $110 Amid Stalled Peace Talks

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Indian shares ended lower on Tuesday as a stronger dollar and elevated oil prices fueled concerns about inflation and the outlook for interest rates and foreign fund inflows.

The Indian rupee neared a one-month low versus the dollar and Brent crude prices consolidated above $111 a barrel after reports emerged that U.S. President Donald Trump is not satisfied with the Iranian proposal to reopen the Strait of Hormuz and end the two-month war in exchange for delaying nuclear talks.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.