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Freight woes threaten fresh supply crunch in Manipur as transporters stay away
Transport operators are avoiding Manipur due to high costs and long travel times. Essential goods face shortages as highway conditions worsen significantly. Freight charges have increased substantially, impacting commodity prices. Retail prices for onions, potatoes, and edible oil have risen sharply. Further disruptions risk shortages, especially during the monsoon season.
ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru
ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's energy security network. India is strengthening its reserves after recent global supply chain disruptions. Additional SPR facilities are also being developed in Odisha and Karnataka. This increases India's total oil storage capacity to approximately seventy-four days.
Renewed US-Iran Tensions Cloud India's Iran Oil Import Plans
Any disruption to supplies or shipping routes could tighten availability and increase cooking gas prices, analysts said.
India's crude imports remain resilient despite Strait of Hormuz tensions
India's crude oil imports are insulated from Hormuz Strait tensions currently. Refiners have successfully diversified their import portfolio over recent years. Russia now supplies over half of India's total crude oil imports. However, LPG and LNG supplies remain vulnerable to Gulf disruptions. Prolonged instability could increase shipping costs and regional prices significantly.
CLSA turns cautious on Indian equities amid West Asia tensions, recommends balanced portfolio
Vikash Kumar Jain, India Strategist & Head of India Research at CLSA discusses why commodities such as aluminium and upstream oil should remain portfolio hedges, why financials and consumer discretionary stocks remain preferred if risks ease, and why shipping activity through the Strait of Hormuz is the key indicator investors should watch.
This sector is set to dominate Q1 earnings for all the wrong reasons
Oil marketing companies are set to dominate Q1 earnings but for the wrong reasons, with HPCL, BPCL and IOCL expected to post massive losses as elevated crude prices crushed fuel marketing margins. The sharp earnings hit is likely to overshadow profit growth in financials, telecom and metals, dragging overall India Inc. earnings.
Five Stocks To Buy: Ather Energy, Swiggy, Chennai Petroleum, And More | July 09, 2026
Market analysts and brokerage firms have identified high-conviction trading ideas for the upcoming session, focusing on food delivery and quick commerce, electric mobility, housing finance and oil refining sector.
China stocks extend losses as Middle East tensions hurt sentiment
Market sentiment weakened after the US increased pressure on Iran by launching new airstrikes and ending a sanctions waiver that had allowed Iran to export oil. The move raised concerns about the future of the temporary agreement reached between the US and Iran on June 17 and created uncertainty over ongoing talks to secure a longer-term peace deal.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
OMCs, gas utilities remain top picks despite fresh oil price volatility: ICICI Securities
Probal Sen, Senior Research Analyst-Indian Oil & Gas Sector, Indian Agrichem Sector, Institutional Equities at ICICI Securities discusses India's energy outlook, LPG supply risks, ONGC and Oil India, while Trading.com's Peter McGuire shares his view on crude prices amid escalating West Asia tensions.
Benchmarks trade in negative terrain; media shares tumble
Going ahead, investors will closely monitor stock-specific developments, the progress of the southwest monsoon, movements in crude oil, gold and silver prices, and the inflation trajectory for further cues on market direction.
DGCA May data, soaring oil prices drag InterGlobe Aviation shares 3%
The sentiment was further hit by a rise in crude oil prices after the US military launched airstrikes against Iran and reimposed crude sales sanctions