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  • Crude Oil Price Crashes 5% on US-Iran Peace Deal: MCX at Rs 7,541 Per Barrel — What Is the Near-Term Outlook for Oil Prices in India?

    • June 15, 2026
    • Posted by: Ankit Jaiswal
    • Category: News
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    Crude Oil Price Crashes 5% on US-Iran Peace Deal

    Crude oil price crashes 5.36% to MCX Rs 7,541 (Brent ~$88) on Iran deal. Near-term: $80-88 range. OPEC+ key risk. ONGC falls, OMCs and airlines gain.

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