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US-Iran ceasefire deal: What does the reopening of Strait of Hormuz mean for the Indian stock market?

As reported by mint - markets
US-Iran Peace Deal: Oil marketing companies (OMCs) such as Indian Oil Corporation, BPCL, and HPCL could see an improvement in marketing margins as crude prices ease. The aviation sector is also likely to benefit significantly, as lower ATF prices can reduce operating costs and improve profitability.
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The US-Iran peace deal is expected to benefit Indian oil marketing companies (OMCs) like Indian Oil, BPCL, and HPCL through improved marketing margins due to easing crude prices. The aviation sector will also see significant advantages from reduced ATF prices, leading to lower…

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