📈 Stocks & Economy🇮🇳 India
Oil Hits War-Era Low as Iran-US Tensions Ease and Hormuz Reopens
Yahoo! Finance·Thursday, 25 June 2026
Crude oil dropped to its lowest level since the start of the Iran war after tankers resumed transit through the Strait of Hormuz. The US and Iran both signalled progress toward ending the conflict. Energy stocks took a sharp hit in response.
Why It Matters
India imports most of its oil, so cheaper crude directly affects fuel prices, inflation, and the trade deficit for every Indian household and business.
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