OMCs rally: IOC, BPCL, HPCL gain up to 4% as oil retreat boosts sentiment

A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.

Jun 15, 2026 - 09:00
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OMCs rally: IOC, BPCL, HPCL gain up to 4% as oil retreat boosts sentiment
A reopening of the Strait of Hormuz would provide significant relief for India by easing concerns over oil supplies, lowering freight costs and reducing pressure on inflation.

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