OMC stocks fall up to 4% despite ₹3/litre fuel price hike amid Hormuz crisis

The fuel price hike is expected to partially offset mounting losses at state-run oil retailers amid elevated crude prices triggered by disruptions in the Strait of Hormuz.

May 16, 2026 - 02:30
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OMC stocks fall up to 4% despite ₹3/litre fuel price hike amid Hormuz crisis
The fuel price hike is expected to partially offset mounting losses at state-run oil retailers amid elevated crude prices triggered by disruptions in the Strait of Hormuz.

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