Petronet LNG, other gas stocks jump up to 5% as Trump’s Iran war remarks ease supply worries

March 10, 2026

Gas company shares saw a rise on Tuesday. This followed US President Donald Trump’s statement that the war with Iran could end soon. This eased concerns about prolonged supply issues. Earlier, tensions had caused a significant drop in stock prices. Supply shortages had begun to emerge in several Indian cities. Following the remarks, crude oil prices plunged sharply.

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