Geopolitical tensions drive market volatility as US-Iran conflict intensifies. The US destroyed Iran's Qom Turbine Engine Production Plant, a critical facility producing drone and aircraft components for the Islamic Revolutionary Guard Corps, marking escalation in the fourth week of conflict. Oil prices surged significantly, with crude rising 251 rupees as markets react to supply concerns. Gold declined marginally while silver fell sharply, reflecting investor uncertainty. French diplomacy intensifies as Macron calls for restraint and pushes for restoration of Strait of Hormuz navigation rights. The ongoing military operations between US-Israel and Iran create significant economic implications, affecting energy markets and global trade routes critical to international commerce and financial stability.
