Indian cities are experiencing gas supply shortages due to the ongoing Middle East conflict, leading to price surges for domestic and commercial LPG. Several sectors, including fertilizers, restaurants, and tile manufacturers, are directly impacted as supply constraints worsen. The government has issued new regulations to prioritize essential gas supplies amidst the crisis.
Brent below $80 to sustain OMC earnings recovery
Oil marketing companies’ margins are expected to remain stable as crude prices stay below $80. Recent crude price drops have significantly improved earnings for state-owned
July 13, 2026