FMCG, paints, QSR, and retail are among the sectors likely to be impacted the most due to the escalation of the US–Iran conflict, according to domestic brokerage firm Axis Securities. The brokerage has identified these four sectors as the most vulnerable amid rising oil prices and a shortage of gas supplies. Crude oil prices have…
Shares of quick-service restaurants (QSRs) are currently hovering around their 52-week lows on Friday, March 13 primarily due to a significant shortage of commercial LPG resulting from supply chain issues in the Strait of Hormuz. Key players such as Sapphire Foods, Jubilant Foodworks, Devyani International (KFC, Pizza Hut), and Westlife Foodworld (McDonald’s) are encountering operational…
Escalating geopolitical tensions in the Middle East have begun disrupting global energy supply chains, raising concerns about LPG availability in India. India sources most of its LPG and two-thirds of its liquefied natural gas from the Middle East, where the US-Israeli war against Iran is showing no signs of de-escalation. As fuel and oil shipments…
