The escalating conflict involving the United States, Israel, and Iran has emerged as a fresh concern for stock market investors across the globe, including in India. The intensifying tensions in the region have triggered a sharp rise in crude oil prices, creating significant pressure on the fiscal balance of major crude-importing nations. The situation has…
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…
Indian Oil Corporation (IOC), Hindustan Petroleum Corporation (HPCL), and Bharat Petroleum Corporation (BPCL) — the state-run oil marketing companies (OMCs) — are likely to take a hit on auto fuel marketing margins if crude oil prices stay elevated in the near term. The US-Israel attacks on Iran and the counterattacks by Tehran have driven crude…
The oil and gas (O&G) sector, which houses some of the biggest companies of Dalal Street, is expected to report a strong operational performance in the third quarter of the financial year 2025-26 (Q3 FY26), led by oil market companies and Reliance Industries. Nuvama Institutional Equities, in a note, said that it forecasts O&G’s Q3FY26E…
Oil stocks have been volatile as the market seems to be pricing in a spike in crude prices owing to prolonged uncertainty and possible supply-chain disruption. However, the lifting of US sanctions on Venezuela and the formation of a pro-US government there could raise supplies significantly. Source
