ONGC, Oil India and other oil-linked stocks in focus as crude slides after Iran tensions ease

A sharp 4% drop in global crude has put ONGC, Oil India, Reliance, Indian Oil, BPCL and HPCL back in the spotlight. The reversal, driven by easing geopolitical fears, reshapes near-term expectations for upstream producers and refiners, with analysts watching whether oversupply or renewed tensions steer prices ahead.