US stocks: Fed officials say Iran war obscuring economic, monetary policy outlook

Geopolitical tensions, especially in the Middle East, directly impact crude oil prices, which is a major concern for India's import bill and inflation. This can influence RBI's policy decisions and FII sentiment.

• •Two Federal Reserve officials stated the Iran war and its impact on energy markets are clouding the economic and monetary policy outlook.
• •One policymaker suggested more interest rate cuts than most US central bank officials currently support.
• •Risk flag: Escalation of geopolitical conflict
• •Risk flag: Sustained high crude oil prices