20 Feb 2026 | 3 Mins Read
Indian Oil shares fall 1% amid US-Iran crude price surge
Flipitmoney
US-Iran tensions send crude oil prices to 6-month high, $72/bbl. Markets factor in a "war premium" of $10-$12 per barrel. US deployment of largest Middle East military force since 2003 raises supply disruption concerns. Upstream companies like ONGC and Oil India perform well, while oil marketers HPCL, BPCL, and IOC decline slightly.