GAIL shares dip nearly 3% amid spike in global crude prices following Israel-Iran conflict
By Aditya Bhagchandani Published on June 13, 2025, 09:45 IST
Shares of GAIL (India) Ltd fell 2.68% to ₹187.02 in early trade on Friday, sliding from a previous close of ₹192.18. The decline comes as global energy markets react to heightened geopolitical tensions following Israel's large-scale airstrike on Iran, which caused crude oil benchmarks to surge over 10%.
GAIL, India's leading natural gas processing and distribution company, is sensitive to volatility in global energy prices. A spike in crude often influences spot LNG rates and increases operational pressures on downstream and midstream gas firms.
Brent crude futures were last seen trading over $77 per barrel, while WTI rose past $75, reflecting the elevated risk premium on oil supply disruptions. Analysts warn that continued conflict or potential Iranian retaliation near key supply routes like the Strait of Hormuz could tighten global energy availability and push input prices higher for Indian gas utilities.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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