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The Economic Times

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Shares of local oil explorers surge on supply disruption fears

Geopolitical tensions between the US and Iran, including joint naval drills and temporary Strait of Hormuz closures, have fueled concerns of oil supply disruptions. This led to a surge in crude prices, boosting shares of oil exploration companies like Oil India and ONGC, while impacting oil marketing firms.

20 Feb 2026 5:39 am