Global markets are closely watching rising geopolitical tensions amid speculation over a possible US action against Iran. Statements linked to Donald Trump have increased uncertainty, which could impact crude oil prices, currency markets, and equities worldwide. Any escalation in the Iran situation may trigger risk-off sentiment across global financial markets. At the same time, Trump has criticized US Federal Reserve Chair Jerome Powell over interest rate policies. His remarks have raised concerns regarding future Fed decisions and their impact on economic growth. Investors are now cautious about inflation trends, rate cuts, and policy direction. India-US relations also remain in focus as foreign ministers from both countries held discussions on trade, defense cooperation, and geopolitical developments. Strong bilateral ties could help stabilize economic and strategic cooperation despite global uncertainties. For Indian markets, these global cues are crucial. Geopolitical risks, Fed policy uncertainty, and crude oil movements may increase volatility. Investors are advised to track developments closely and adopt a cautious approach while managing exposure.