Big news of the morning of April 20: Tension between America and Iran has once again increased, due to which the situation seems to be becoming war-like. American actions on the Strait of Hormuz and Iran’s retaliatory action have raised concerns globally. This tension has had a direct impact on the oil market, where an increase of about 6% was recorded in the prices of Brent crude. Its effect was also visible on the stock market at the beginning of the week – Sensex and Nifty declined in early trading on Monday, although later the market tried to recover rapidly.
