Morgan Stanley Reduces India Exposure Amid Middle East Concerns

Morgan Stanley has taken a more cautious approach towards Asian equities, reducing its exposure to India due to concerns over potential disruptions in supply chains. Bloomberg posted on X that the financial services firm is particularly worried about the impact of the ongoing conflict in Iran on oil flows through the Strait of Hormuz. The firm believes that if oil transportation through this critical passage does not recover, it could have significant implications for regional markets. This strategic adjustment reflects Morgan Stanley's broader assessment of geopolitical risks affecting the Asian market landscape.