15 Mar 2026 | 3 Mins Read
Indian stock markets may surge due to oil price rise amidst Iran conflict
Flipitmoney
Crude oil prices surged to $100 per barrel, a level not seen since 2022, due to escalating Iran-Israel tensions and concerns over the Strait of Hormuz closure. Analysts warn prices could reach $120-$150 per barrel if the conflict prolongs. The disruption may delay interest rate cuts and fuel inflation concerns globally.