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VERIFIEDMint Markets·positive
US-Iran ceasefire deal: What does the reopening of Strait of Hormuz mean for the Indian stock market?
AI Summary
- ·Reopening of Strait of Hormuz could lead to easing crude prices.
- ·Indian Oil Corporation, BPCL, and HPCL may see improved marketing margins.
- ·Aviation sector likely to benefit from lower Aviation Turbine Fuel (ATF) prices.