Evening Wrap: India Today

Brent crude surged toward $90 per barrel today, its sixth straight session of gains, after Trump claimed the US has "total control" of the Strait of Hormuz while Iran insisted the waterway stays closed until all its conditions are met. The oil shock hammered Indian equities and the rupee, with Sensex tumbling over 500 points at its intraday low before settling down 388 points at 78,154.

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