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The Economic Times
The Economic Times
Business

India bond demand wanes as US-Iran tensions lift oil

India Oil Iran United States Bonds Inflation

Demand for Indian government bonds faltered on Thursday as renewed U.S.-Iran strikes drove oil prices higher and raised concerns about the economic fallout for the world's third-largest oil importer.

The United States launched new strikes on multiple targets overnight in Iran, with President Donald Trump threatening ‌even more attacks ⁠if ⁠no peace deal is secured.

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