SENSEX
NIFTY
GOLD
USD/INR

Weather

image 22    C

Business News

The Times of India

Business / The Times of India

details

Oil prices: Hormuz supply shock widens gap between future and physical fuel

The Iran war's fourth week sees a stark divergence between rising physical oil prices and futures, driven by the Strait of Hormuz closure and infrastructure attacks. Refiners face steep premiums, while trucking, shipping, and airline industries grapple with escalating fuel costs, impacting consumers and the broader economy.

22 Mar 2026 8:10 am