Crisil says the profitability impact of West Asia tensions on India Inc could be halved if the US-Iran ceasefire holds, as easing crude oil prices and improving energy supplies reduce pressure on businesses. https://english.mathrubhumi.com/news/money/west-asia-tensions-to-hurt-india-less-if-ceasefire-holds-crisil-oxj9x6ky?utm_source=dlvr.it&utm_medium=mastodon #IndiaInc #Crisil #WestAsia #USIran #CrudeOil
Three Indian-flagged crude oil tankers carrying over 8.6 lakh MT of cargo have successfully crossed the Strait of Hormuz and are en route to India, offering reassurance over the country's energy supply amid Gulf tensions. https://english.mathrubhumi.com/news/world/indian-oil-tankers-strait-of-hormuz-transit-2026-iczem6ll?utm_source=dlvr.it&utm_medium=mastodon #StraitOfHormuz #IndiaOilImports #CrudeOil #EnergySecurity
Union Minister Suresh Gopi says fuel prices cannot be reduced immediately when global crude oil prices fall, citing transportation, supply chain factors and the impact of the West Asia conflict. https://english.mathrubhumi.com/news/kerala/fuel-prices-cannot-be-reduced-immediately-on-fall-in-global-crude-rates-union-minister-suresh-gopi-h4a5v76b?utm_source=dlvr.it&utm_medium=mastodon #SureshGopi #CrudeOil #Petrol #Diesel
Crude oil prices experienced relief following my prediction, as progress towards peace was made just one day later.
#crudeoil #prediction
Oil Prices Fall 4.8% on Iran Ceasefire Deal, June 15 | Meyka

Brent crude falls 4.8% to $83.11/barrel after US-Iran ceasefire. Strait of Hormuz reopens Friday, easing global supply concerns and inflation fears.