War Financial News

Could India be returning to Russia for oil supplies? Going by a Bloomberg report, it seems so. Two shipments of Russian crude oil that were originally headed for East Asia have reportedly been redirected towards India and are expected to unload this week, with one already having reached Paradip.

The Iran-US conflict has sent shockwaves through Indian markets, pushing the rupee to a record low of 92.32 and driving crude oil past $80 per barrel. As the Nifty 50 shed 2.1% in just four days, foreign investors pulled out over ₹11,700 crore, seeking safety in a strengthening dollar.With the Strait of Hormuz blockade threatening energy supplies and squeezing margins for oil and chemical firms, investors are caught between gold's safe-haven appeal and rising macroeconomic headwinds.Mintexplains what this nascent war and the resulting supply shocks mean for your portfolio and the road ahead for Indian equities.Since the Iran-US war began on 28 February, equity markets worldwide have fallen.The Nifty 50 index declined 2.1% between 28 February and 4 March, while the Nikkei fell 5.5%, the Hang Seng 4.5%, and the Kospi 8.9% over the same period.

₹3,296 crore. Tuesday was a market holiday.On Wednesday, provisional BSE data showed that FIIs were net sellers of Indian equities worth Rs8,753 crore, while DIIs stepped in as net buyers, purchasing shares worth Rs12,068 crore.

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Oil and its derivatives account for 40-70% of raw material costs of these sectors, which leaves (their) margins vulnerable to rising crude prices,” said Devarsh Vakil, head of prime research at HDFC Securities.Indian markets have faced similar pressure before. When Brent crude surged 73% to a peak of $130 per barrel between December 2021 and March 2022, shortly after the Russia-Ukraine war began, India Inc.’s profit margins came under swift pressure.A Mint analysis of Centre for Monitoring Indian Economy (CMIE) data shows that operating profit margins of oil refiners, rubber product makers, tyre and tube manufacturers, and paint companies compressed by an average 140 basis points between the December quarter of FY22 and the June quarter of FY23.While most sectors began to feel mild pressure as early as Q4FY22, the squeeze peaked for rubber products and tyre and tube makers in Q1FY23.

oil and petro-products to deal with short-term disruptions. The Union ministry of petroleum and natural gas has formed a 24×7 control room to continuously monitor the supply and stock position across the country.State-run oil marketing companies (OMCs)—Indian Oil Corp, Hindustan Petroleum Corp. Ltd (HPCL), Bharat Petroleum Corp.

In 2016, Pranav Doshi, then an executive with the Canadian consulate, decided to move 2,000 kilometres away from their home in Mumbai. Doshi’s wife was given an option to choose between Unilever Plc’s London and Dubai offices, and she picked the largest city in the United Arab Emirates. “We selected Dubai because we had a young child, and wanted family support; that was not possible in London,” said Doshi, 47.

Nifty bounced from a low of 24,598.6 to close at 24,956.5 two days later. On 30 September 2025, it hit an intraday low of 24,587.7 before recovering to close at 24,611.10.

The market’s reaction to the joint US-Israel strikes on Iran wasn't exactly subtle. The war is choking the Strait of Hormuz, hurting tanker flows and causing oil markets to react. Brent crude price is now at $78 a barrel.Back home, the benchmark Nifty 50 index fell by 1.2% on Monday, while shares of state-run Indian oil marketing companies (OMCs) were down around 4%.

The American-Israeli attack on Iran raises a number of vital questions for India and the rest of the world, delving into which is necessary to make the best of a bad situation. The prices of oil and liquefied natural gas have begun to rise as Iran attempts to choke the Strait of Hormuz, through which about one in every fourth barrel of all seaborne crude oil moves. If this grip lasts, it will make energy imports dearer, weaken the rupee and give inflation a cost-push.

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MSMEs, accounting for about 45% of India’s total exports, any prolonged instability threatens not just margins but order continuity.“We are fortunate that our goods are not stuck in transit,” said Sushma Morthania, director at Shezar Technologies, which exports electronic components worth around ₹50 lakh each month. Nearly 40% of her shipments go to West Asia, Europe, and parts of Latin America via Dubai’s Jebel Ali Port.

crude flows, has emerged as a flashpoint after US and Israeli strikes on Iran and retaliatory actions by Tehran. While there has been no formal closure, heightened uncertainty has been enough for carriers to alter schedules and pause sailings.Shipping majors including Mediterranean Shipping Company and A.P.

The US and Israel are betting on regime change in Iran through air attacks that began on Saturday. So far, bombardment has left Iran’s top leader Ayatollah Khamenei dead and sparked a retaliatory flare-up in West Asia. This is a gamble, although US air-strike precision has improved since its 2003 war on Iraq to end Saddam Hussein’s rule, an invasion that left countless civilians dead and inflamed the region.

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petroleum ministry is taking continuous stock of the energy supply scenario along with the refiners. They are looking at ways to ensure that supplies are not interrupted.

assassination of Iran's supreme leader Ayatollah Ali Khamenei, which has raised hopes of a speedy end to the conflict, regime change in Teheran, peace in the region and the stability that markets crave. Iran's state media confirmed that Khamenei died on the first day of military assault by the US and Israel."Markets could actually rally on hopes of stability in the region in the days ahead after the confirmed death of the supreme leader," said Nirmal Jain, founder of IIFL Group.