India Inc relieved as Iran-US near peace deal

Corporate India is betting on a more stable FY27 after the US indicated on Friday that a peace accord with Iran was near, easing concerns over energy prices, freight costs and supply-chain disruptions that have weighed on businesses for over three months.The development is particularly significant for India, which imports more than 85% of its crude oil requirements and relies heavily on shipping routes through the Gulf. Concerns over disruptions in the Strait of Hormuz had rattled markets and complicated business planning across sectors ranging from FMCG and consumer durables to aviation and manufacturing. Do you think Iran will agree to USA terms ?