Global energy markets face fresh uncertainty as Iran signals potential closure of the Strait of Hormuz. This critical chokepoint, through which a fifth of global oil flows, is raising fears of supply disruptions. Experts highlight Iran’s strategic leverage and the worldwide impact of high oil prices. The situation’s complexity and logistical challenges suggest a prolonged period of volatility.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty500 pack, seven stocks’ closing prices crossed above their 200-day moving averages (DMA) on October 28, 2026, according to StockEdge’s technical scan data.