Loading...
Shipping, Logistics Stocks Plummet: Adani Ports, Aegis Vopak Drop 6% Amid Strait of Hormuz Disruption Fears
LIVE TV
LOCAL
Tour
ENGLISH
For You
Entertainment
National
Sports
Markets
Business & Economy
Lifestyle
World
Astrology & Religion
Technology
Education & Jobs
Auto
Politics
Viral
Opinions
Loading more articles...
Home
Local
Live TV
Adani Ports, Aegis Vopak Plunge 6% Amid Strait of Hormuz Disruption Fears
M
Moneycontrol
•
02-03-2026, 14:13
Adani Ports, Aegis Vopak Plunge 6% Amid Strait of Hormuz Disruption Fears
•
Shipping and logistics stocks fell sharply due to surging crude prices and fears of Strait of Hormuz disruption.
•
Adani Ports, Aegis Vopak, Essar Shipping, Gujarat Pipavav Port, and Shipping Corporation of India were among the top losers.
•
Brent crude jumped 6.4% to $77.57 per barrel, intensifying concerns over the critical maritime chokepoint.
•
Disruption in the Strait of Hormuz could prevent 15 million barrels per day of crude from reaching markets.
•
Indian operators face higher fuel costs, potential trade disruption, elevated war-risk insurance, and slower vessel movement.
Read Full Article on Moneycontrol in English
✦
More like this
✦
More like this
OMC Stocks Crash 9% as Oil Surges Amid US-Iran War; UBS Downgrades HPCL, BPCL, IOC
N
News18
West Asia Conflict Fuels India's Oil Crisis Fears; Hormuz Strait Key
M
Moneycontrol
Oil Shock: IndiGo, SpiceJet, Asian Paints Plunge 8% as Crude Tops $115
M
Moneycontrol
Strait of Hormuz Traffic Collapses: Daily Crossings Plummet from 135 to 10
F
Firstpost
Iran Crisis Hits Rice Exports: Exporters Seek Urgent Govt Relief Amid Shipping Disruptions
N
News18
Market Turmoil: ₹20 Lakh Cr Wiped Out in 5 Days Amid Middle East Tensions
N
News18
