🚨 Oil Rally Triggers Sharp Split in Energy Stocks

Oil prices are moving higher as geopolitical tensions between the United States and Iran intensify, raising fears of potential supply disruptions. Upstream companies reacted positively. ONGC and Oil India shares surged up to 7%, tracking the rise in global crude benchmarks. However, oil marketing companies came under pressure. HPCL and BPCL declined up to 5% intraday on concerns that higher crude costs could squeeze marketing margins. Why are oil prices rising? Investors are increasingly worried that any U.S. action against Iran could disrupt oil supplies, particularly shipments passing through the critical Strait of Hormuz, keeping crude prices firm and energy stocks volatile. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.