Indian equity benchmarks fall sharply in late trade, with the BSE Sensex dropping about 1,650–1,900 points and the NSE Nifty slipping below key levels around 23,900. Multiple outlets link the selloff to comments by US President Donald Trump, who says the US-Iran arrangement is “over,” while also indicating that talks can continue. The remarks revive concerns about potential escalation in West Asia, which in turn lifts oil prices and adds volatility to markets. Reports note that Brent crude rises to about $76.18 a barrel and US WTI gains to about $72.46, reflecting investors’ expectations of higher energy costs and increased geopolitical risk. Trading weakness is described as broad-based across sectors, driving the indices down from earlier intraday levels. While the exact point declines vary slightly by outlet and timing (intraday versus close), all accounts describe a steep, risk-driven decline in both benchmarks following the Trump remarks on US-Iran negotiations.