Mumbai, March 2 -- Escalating tensions in Iran and the wider West Asia region have intensified concerns over global crude oil supplies, with experts warning of sustained volatility that could potentially impact India's energy sector.

Stock market expert Sunil Shah attributed the recent market turbulence to deepening geopolitical uncertainty.

"Crude oil prices will rise, gold and silver will rise, currencies will depreciate against the dollar, and capital markets worldwide will decline. The reason is simple: uncertainty. Everyone would like this situation to calm down. But it clearly seems that the attacks will continue for quite some time, even after the death of Iran's Supreme Leader... Let's hope things improve from here," Shah told A...