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VERIFIEDMint Markets·positive
OMC stocks rally up to 5.5% as crude oil crashes on US-Iran peace deal; Brent hits 3-month low
AI Summary
- ·BPCL, HPCL, and IOC shares increased by up to 5% on June 15.
- ·The rally was driven by a decrease in crude oil prices.
- ·A US-Iran peace agreement led to Brent crude hitting a 3-month low.