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US-Iran war, high crude oil prices could shave off as much as 4% from Nifty earnings: Somil Mehta, Mirae Asset Sharekhan
Expert view: Higher energy costs increase input expenses for several sectors, which could pressure margins and reduce overall earnings growth across companies in the Nifty index, said Somil Mehta, Mirae Asset Sharekhan.
Explained — Key factors behind the surge of up to 15% in power stocks led by NTPC Green Energy
Brokerage firm Morgan Stanley in a note wrote that thermal coal-based power generation could take incremental load due to the surge in power demand and that such a move would support a smoother ramp-up in thermal coal power.
Adani Total Gas shares soar nearly 40% in just 2 days! What’s triggering the rally despite weak market?
Shares of Adani Total Gas rose sharply on Thursday, extending a two-day rally after the government issued the Natural Gas (Supply Regulation) Order, 2026, to prioritise gas supplies to essential sectors amid Middle East conflict-driven disruptions. The move follows LNG shipment issues through the Strait of Hormuz, while supply concerns continue to roil energy markets.
Gold may climb to $6,000 by year-end, $10,000 by 2029: Ed Yardeni
Markets may be underestimating the risk of a longer Iran conflict, says Ed Yardeni, President of Yardeni Research, warning that a prolonged war could push oil higher and create wider economic risks. He says investors may need to diversify portfolios, pointing to energy and fertiliser stocks, while also keeping some cash and gold as hedges.
Reliance to partner AFR for $300 billion US oil refinery project
Reliance Industries will partner with America First Refining to build the first major US oil refinery in 50 years in Brownsville, Texas. Hailed as a "historic $300 billion deal" by President Trump, the project aims to boost American energy production and create thousands of jobs, with construction slated to begin in Q2 2026.
'$95 for 2 months' US agency predicts prolonged conflict
Brent is up 27% since the start of the war as the Strait of Hormuz is effectively shut and some oil production in the region has been curtailed. "We make the assumption in our modelling that the effective closure of the Strait of Hormuz will cause oil production in the Middle East (West Asia) to fall further in the coming weeks. We assume this shut-in production will gradually ease as transit through the Strait resumes," the EIA, the primary federal authority in the US for energy statistics, said in its short-term energy outlook.
Mahanagar Gas flags supply cuts as global energy turmoil hits industrial, commercial gas availability
Mahanagar Gas Ltd reduces gas supply to industrial and commercial customers due to geopolitical issues and a directive from the Ministry of Petroleum and Natural Gas. Shares of Mahanagar Gas Ltd ended marginally higher on Wednesday, March 11, by 0.68% at ₹1,051.00 on the NSE.
India ready to support oil markets as IEA agrees record release
India has pledged to support global oil markets by taking appropriate measures, aligning with the International Energy Agency's record 400 million barrel oil release. This move aims to stabilize prices that have surged due to the U.S.-Israeli war with Iran, which has disrupted India's own energy supplies.
India fully geared to meet coal demand surge amid Iran‑Israel war energy concerns
India stands ready to tackle any unforeseen escalations in coal demand, with a remarkable inventory of around 210 million tonnes of coal — ample for nearly 88 days of energy production. The current scenario showcases a surplus, as coal output and supply surpass what is needed.
India's Russian oil buy surges 50 pc amid scramble to replace lost barrels
India's crude oil imports from Russia surged by 50 percent in March, a compelling response to the instability wreaking havoc in the Middle East. With the urgency to secure alternative supplies, India is prioritizing its energy needs against the backdrop of geopolitical turmoil.
OPEC confirms big Saudi oil production hike ahead of Iran war, holds forecasts steady
Saudi Arabia significantly boosted oil production in February as a safeguard against potential disruptions from U.S. and Israeli strikes on Iran. Despite this, OPEC maintained its forecast for robust global oil demand growth this year, while acknowledging the need to closely monitor geopolitical events. The International Energy Agency is set to release updated oil forecasts soon.
China stocks extend gains as lower oil prices boost market sentiment
Investor sentiment improved after oil prices declined, easing concerns that rising energy costs could push inflation higher. Crude prices came under pressure after the International Energy Agency suggested releasing what could be the largest coordinated emergency oil stockpile in its history to help stabilize global energy markets.