Oil above $100, global tensions rise: Sunil Subramaniam on what it means for Indian markets and investors

Crude oil prices have surged past $100 per barrel due to escalating Israel-Iran tensions. This rise fuels global market jitters and inflation concerns, particularly for India, which imports most of its oil. Higher fuel costs are expected, impacting transportation and retail prices. Indian markets saw a temporary bounce, but experts advise caution amid ongoing global uncertainties.