India, Aug. 18 -- The US-Iran war is escalating continuously, keeping global markets on edge, with Brent crude climbing above $99 a barrel as hopes for a quick diplomatic breakthrough fade and concerns grow over disruptions around the Strait of Hormuz.

The rise in oil prices is adding pressure on India's markets and currency, while investors are also tracking political developments in Washington. US President Donald Trump's approval rating has fallen to 33%, its lowest level of his presidency, according to a Reuters / Ipsos poll.

US-Israel-Iran War Live News: Brent Crude Oil Price Crosses $99 as US-Iran Conflict Widens

Brent crude has moved above the $90-a-barrel level as the US-Iran conflict continues without a clear diplomatic resolu...