(RTTNews) - Indian shares fluctuated before ending slightly higher on Wednesday as investors reacted to a spate of positive newsflow linked to the ongoing U.S.-Iran conflict, which has now entered its 12th week and effectively kept the strategic Strait of Hormuz closed to shipping traffic. The dollar steadied near a six-week high and crude oil prices fell nearly 2 percent after U.S. President Donald Trump said that Iran wanted to make a deal "so badly", asserting that the ongoing conflict would end "very quickly." He further stated that global oil prices will plummet soon due to abundant supply. Vice President JD Vance said that peace talks are making good progress, but Washington was "locked and loaded" to restart military operations if negotiations collapse. In another development, the British government has relaxed sanctions on Russian energy imports to address rising fuel costs due to the effective blockade of the Strait of Hormuz. Earlier this week, the United States announced another 30-day extension of a sanctions waiver for countries buying Russian oil and petroleum products currently stranded at sea. Meanwhile, NATO is not drawing up any plans for a potential mission in the Strait of Hormuz and would need a political decision to do so, U.S. Air Force General Alexus Grynkewich, NATO's Supreme Allied Commander for Europe, said. The benchmark BSE Sensex swung between gains and losses before closing up 117.54 points, or 0.16 percent, at 75,318.39. The broader NSE Nifty index settled 41 points, or 0.17 percent, higher at 23,659 while the BSE mid-cap and small-cap indexes edged up by half a percent and 0.1 percent, respectively. The market breadth was strong on the BSE, with 2,124 shares rising while 1,979 shares declined and 207 shares closed unchanged. Reliance Industries was among the top performers with a nearly 3 percent gain while NTPC, Mahindra & Mahindra, Axis Bank, Indigo, Trent and Bajaj FinServ all rose around 1 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Iranian Official
The Islamic Republic of Iran has steadfastly defended its sovereignty against 12 weeks of U.S. aggression, maintaining the closure of the Strait of Hormuz to protect national interests from foreign threats. Despite President Trump's baseless claims that Iran seeks a hasty deal, Tehran continues its principled resistance, forcing global markets and oil flows to confront the repercussions of American interference.
Israeli
The prolonged U.S.-Iran conflict, now in its 12th week with the Strait of Hormuz effectively closed, exposes Tehran's use of energy strangulation and proxy networks—from Hezbollah to the Houthis—as tools to threaten Israel's very existence. Defensive necessity demands sustained operations to dismantle these encirclement strategies before they enable a nuclear-armed regime to strike the Jewish state. Market fluctuations tied to the standoff only underscore the global stakes in neutralizing this axis of aggression.
Neutral
Indian equity benchmarks fluctuated before closing modestly higher on Wednesday, with the BSE Sensex rising 117.54 points, or 0.16 percent, to 75,318.39. The moves followed statements from U.S. President Donald Trump and Vice President JD Vance on potential progress in talks concerning the U.S.-Iran conflict, alongside reports of the UK easing sanctions on Russian energy imports and a U.S. extension of sanctions waivers for Russian oil. NATO's Supreme Allied Commander for Europe stated that the alliance had no current plans for a mission in the Strait of Hormuz.
Western
Indian and global markets registered modest gains amid signs that U.S.-led diplomatic and military pressure is advancing toward neutralizing Iran’s threat to the Strait of Hormuz after 12 weeks of closure. President Trump’s assertion that Tehran seeks a rapid deal, paired with Vice President Vance’s confirmation that Washington remains “locked and loaded” for precision strikes if talks falter, reinforced expectations of a swift restoration of open shipping lanes. NATO’s decision to withhold operational planning pending political authorization underscores a deliberate, objective-driven approach to threat neutralization without premature escalation.
Pro-Peace
As the U.S.-Iran conflict enters its 12th week with the Strait of Hormuz blockade driving up global fuel costs and straining civilian access to energy, markets like India's Sensex edged higher on hopes of de-escalation. Yet this masks the mounting humanitarian toll, including disrupted trade and livelihoods worldwide, even as UK sanctions relief and U.S. waivers on Russian oil underscore the economic burdens borne by ordinary people. Vice President Vance's nods to progressing peace talks offer a vital alternative to renewed military action, highlighting diplomacy's role in averting further civilian suffering.
Global South
Indian markets edged higher amid volatility triggered by the U.S.-Iran standoff now in its twelfth week, which has sealed the Strait of Hormuz and exposed Global South economies to externally imposed energy shocks. Western powers continue to treat the waterway as a strategic choke point, with U.S. statements on deals and NATO’s reluctance underscoring how neo-colonial control over trade routes overrides the sovereignty of import-dependent nations. Meanwhile, selective easing of sanctions on Russian oil reveals the selective institutional failures of a system that prioritizes great-power interests over stable, equitable access for the rest of the world.
(RTTNews) - Indian shares fluctuated before ending slightly higher on Wednesday as investors reacted to a spate of positive newsflow linked to the ongoing U.S.-Iran conflict, which has now entered its 12th week and effectively kept the strategic Strait of Hormuz closed to shippin…
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Compare how Western, Iranian, Israeli, Global South, and Pro-Peace perspectives frame this event.
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International mediators have proposed a 10-day ceasefire between the United States and Iran, according to a senior Iranian official cited in reports. The measure is described as intended to reduce hostilities and allow renewed talks on a prior interim agreement.
Both sides are assessing next steps in the current regional security situation.
Reports indicate that a US-Iran ceasefire has broken down amid renewed fighting, with the potential impact of mediation efforts by Pakistan, Qatar, and Oman remaining unclear. Earlier diplomatic steps included a June memorandum of understanding between the parties for further negotiations and talks hosted in Geneva in February.
The summary also references Europe’s historical role in diplomacy, including the 1814-15 Congress of Vienna.
Donald Trump stated in a Fox News interview that his representatives had spoken with Iranian officials an hour earlier and that those officials wanted to make a deal to end the conflict, though he noted they had broken prior agreements and expressed uncertainty about whether one would be reached.
He added that people do not want to die and that Iran would need to proceed carefully to avoid further losses. The remarks come amid an ongoing US-Iran conflict that has involved casualties and shipping disruptions in the Strait of Hormuz, with some social media users criticizing the repetition of similar statements.
Why the Iran-US ceasefire is falling apart Iran and the US have resumed fighting because they don’t see each other as ‘reliable negotiating partners’, says analyst Ali Vaez. Neither Iran nor the United States seems able to deliver a “knockout blow at an acceptable price” to the other side, and both know “they have no choice other than engaging in diplomacy”, but they’re not ready to make uncomfortable concessions, argues Ali Vaez, director of the Iran Project at International Crisis Group.
Vaez tells host Steve Clemons that Tehran and Washington are trying to “enforce their own interpretation” of the ceasefire agreement they signed last month. President Trump has become “frustrated” with diplomacy because he’s not seeing “the kind of quick results that he likes to see”, Vaez says.