Middle East tensions push oil above $85, but equities show resilience on Trump's TACO trade

Middle East tensions have pushed oil prices above eighty-five dollars a barrel. Indian equities declined moderately after recent geopolitical developments.

Investors are betting on Donald Trump's tendency to de-escalate conflicts. This resilience suggests markets are accustomed to regional geopolitical tensions.

Higher oil prices are negative for India, but investors expect rewards.