US-Iran war impact: Morgan Stanley downgrades Indian stock market to equal-weight on oil supply risks
US-Iran war: Global brokerage Morgan Stanley has turned cautious on Asian equities, including India, amid concerns that the conflict in the Middle East could disrupt supply chains if oil flows through the Strait of Hormuz fail to recover. The brokerage sees India as the most exposed to potential Qatari liquefied natural gas supply disruptions, therefore…