India, April 1 -- The Strait of Hormuz in the Middle East remains as twisted as ever. The US President Donald Trump told his advisors that he was open to ending the Iran war, even if there was no agreement on the opening of this strategic strait. It should have boosted sentiments. It only restrained global crude prices from rising, although several asset classes behaved violently, with equities up in the US, and stocks down in India. Despite the central bank's pressure tactics, the rupee took a beating. The markets have heard similar good news from Trump several times. They now await actions, not talk, ground activity, not online texts. Hence, the global attention is still on the Strait, and its future, and whether oil and gas (liquefied ...
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