Hormuz crisis threatens oil supply, prices may spike

Hormuz crisis threatens oil supply, prices may spike\nEscalating tensions in the Strait of Hormuz, a critical oil transit route, could disrupt hydrocarbon shipments. Crude oil prices may surge due to supply fears, impacting refiners and fuel costs. Indian PSU oil companies like IOC, HPCL, and BPCL could see volatility.\n\n📊 STOCKS: IOC | 🏢 SECTOR: Energy | #HIGHIMPACT #Oil