Geopolitical tensions between Iran and Israel have driven crude oil prices above $80 per barrel and increased natural gas prices. This has focused investor attention on oil and gas stocks in India, with specific mention of ONGC (Oil and Natural Gas Corporation). The article anticipates market movement in these stocks on March 4th. The primary business impact is the potential for increased revenues and stock performance for fossil fuel companies due to higher commodity prices, driven by supply disruption fears stemming from the conflict.
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