Oil could hit 150 as Iran tensions flare threatening Indian stocks and inflation fears

Strait of Hormuz closure fears could push crude higher

Oil prices have jumped past $100 as Iran Israel tensions raise fears of a prolonged shutdown of the Strait of Hormuz. Analysts warn crude could climb toward $150 if disruptions continue, stoking inflation risk and weighing on already pressured Indian equities. Markets are grappling with foreign outflows, rupee weakness, and lingering energy supply concerns.