GAS COMPANY STOCKS IN FOCUS DUE TO SUPPLY DISRUPTIONS

Shares of city gas distribution companies and LNG companies like

, , rallied sharply today after suffering steep losses earlier in the week as geopolitical tensions in West Asia rattled global energy markets and supply disruptions. Today's rebound follows a sharp sell-off last week when tensions between Iran and the US-Israel alliance escalated, triggering concerns over potential disruptions to global energy supplies. The situation began to affect India as well, with supply shortages reported in several cities including Mumbai and Bengaluru. Restaurants and commercial establishments in some areas warned of possible closures due to difficulties in securing gas cylinders. However, global markets appeared to turn optimistic after US President Donald Trump suggested that the conflict could end soon. Stock prices of these gas companies could strongly gain if the war comes to an end.