{"id":117606,"date":"2026-06-15T12:06:29","date_gmt":"2026-06-15T06:36:29","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=117606"},"modified":"2026-06-15T12:06:33","modified_gmt":"2026-06-15T06:36:33","slug":"sci-share-price-shipping-stocks-iran-deal-strait-hormuz","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sci-share-price-shipping-stocks-iran-deal-strait-hormuz\/","title":{"rendered":"SCI Share Price Surges 4% to Rs 308.90 and GE Shipping Hits Rs 1,455 High as US-Iran Peace Deal Orders Toll-Free Opening of Strait of Hormuz"},"content":{"rendered":"
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SCI (NSE:SCI): Rs 308.90 (+3.99%). H Rs 321.05 (+8.08%). O Rs 303.10. GE Shipping: H Rs 1,455 (+4.74%). Iran deal reopens Strait of Hormuz toll-free.<\/em><\/p>\n

SCI share price<\/strong> surged 3.99% to Rs 308.90 on June 15, 2026, touching an intraday high of Rs 321.05 (+8.08%) , as the US-Iran peace deal confirmed on June 14 ordered the immediate toll-free opening of the Strait of Hormuz and removal of the US Naval blockade. SCI share price<\/strong> represents Shipping Corporation of India (NSE: SCI), whose SCI share price<\/strong> moves on shipping volumes, which has tanker, bulk carrier, and offshore vessel exposure to the Middle East Gulf trade routes. GE Shipping (GESHIP) also rose, though SCI share price<\/strong> outperformed as the state-owned entity’s hit Rs 1,455 (+4.74% from previous close) intraday. The sector driving SCI share price<\/strong> is benefiting from three catalysts: Hormuz normalisation (more tanker traffic through the Strait), falling bunker fuel costs (crude oil down 5.36% reduces shipping fuel expenses), and plunging war risk insurance premiums for Gulf voyage routes.<\/p>\n

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