Crude oil prices shoved near a six-month high on escalating US-Iran tensions, which have significantly influenced market sentiment. As of February 20, 2026, MCX crude oil futures for the March 2026 expiry were trading flat at ₹6,050 per barrel after early gains. Meanwhile, in the international market, Brent crude futures have increased by 33 cents,…
Authored by: Sunil Singh Updated Feb 20, 2026 15:53 IST Crude at 6 month high due to US-Iran tension, decline seen in OMC shares including HPCL, IOC Due to increasing tension between America and Iran, movement in crude oil is being seen. At present, the prices of raw lake have reached a high of 6…
Following the US’s expansionist actions against Venezuela and Greenland, the focus has now moved to Iran. The Middle East tensions are expected to have a limited impact on the Indian stock market and economy due to the relatively low total trade exposure of Iran to the world & its limited exposure to the oil trade….
“While this can be read as a shift towards a more overtly hemispheric approach to managing geopolitical relations, with the US asserting greater control over developments in its own backyard, it is equally possible to interpret events through the lens of US-China fracturing,” said Nel Shearing, group chief economist at Capital Economics. Source
