US-Iran war lifts crude: Why ONGC, Oil India could be biggest gainers in Indian stock market
The intensifying tensions between the US and Iran have led to the closure of the Strait of Hormuz, through which nearly 20% of global oil and LNG flows, resulting in a sharp jump in crude oil prices, with Brent crude rallying to $85 per barrel from $73 per barrel since the war began. The sharp…