Iran offers to open Strait of Hormuz, say reports | How can it impact the Indian stock market, gold prices?

Iran’s offer to reopen the crucial Strait of Hormuz, contingent on the US easing military pressure, as per Reuters. Analysts predict that this development could lead to significant declines in crude oil prices and potential rises in gold, influencing the Indian stock market.Iran’s offer to reopen the crucial Strait of Hormuz, contingent on the US easing military pressure, as per Reuters. Analysts predict that this development could lead to significant declines in crude oil prices and potential rises in gold, influencing the Indian stock market. 

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