Rising Middle East tensions and potential disruption at the Strait of Hormuz are creating risk premiums in oil and gold. Kotak Securities’ Anindya Banerjee sees crude possibly hitting $100, the rupee sliding to 90/USD, and volatility across commodities and Indian markets.
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$100+ Crude? Rupee at 90? Gold at ₹1 lakh? Kotak’s Anindya Banerjee explains what’s coming
