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Iran's threat to block the world's most vital oil transit point has raised fears of major global economic consequences.
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News and Media
JDL Development is currently negotiating to take over the nearly vacant megadevelopment site.
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News and Media
Kotak Institutional Equities reports that rising crude oil prices benefit upstream companies like ONGC and Oil India, increasing their EPS. Surprisingly, OMCs (BPCL, HPCL, IOCL) may also gain if the government maintains current pump prices, leading to potential margin expansion. While refining margins are modest, improved marketing profitability could offset these concerns.
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News and Media
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