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EnergyMedium impactPre-market

India faces LPG supply risks amid U.S.-Israel conflict

pre-market1 source ↓written by the desknot a recommendation

to subsidize public
₹30,000 cr
on March 7
₹60 per cylinder

The ongoing U.S.-Israel conflict with Iran is straining India's LPG supply, already reliant on imports. The Indian government previously allocated ₹30,000 cr to subsidize public sector oil marketing companies amid soaring global prices. With escalating tensions, domestic LPG prices surged by ₹60 per cylinder on March 7, raising concerns over potential supply disruptions and further price hikes.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 11 Mar 2026, 07:12 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

IOC closed +0.4% on the day of the news, from ₹159.94 to ₹160.63; Nifty −1.6% over the same session; futures OI +1.7%.

Bulletin at 07:12 IST on 11 Mar 2026. Every change is measured from ₹159.94, the last close before it, on 10 Mar. Nifty 50 is measured over the same sessions.

  • IOC close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
IOC closes around the bulletin against the close before the news, with Nifty 50 rebased to it138.11155.71173.31axis spans 25%before the news · 10 Mar159.94Nifty 50IOCbulletinD0+1+3+54 Mar16 Mar25 MarFutures open interest, lotspeak 24,000Reference close ₹159.94. 16 sessions from 4 Mar to 25 Mar; the price axis spans 25 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before10 Mar₹159.94basebase
On the day11 Mar₹160.63▲ +0.4%▼ −1.6%+2.1 pp difference
+1 session12 Mar₹160.16▲ +0.1%▼ −2.6%+2.7 pp difference
+3 sessions16 Mar₹148.96▼ −6.9%▼ −3.5%−3.4 pp difference
+5 sessions18 Mar₹148.27▼ −7.3%▼ −2.0%−5.3 pp difference
Gap at the open, % · ₹
▲ +0.3%+0.56 on 11 Mar
Day's range, % · ₹
2.1%≈ 3.3 high to low
Volume on the day
1.13×the 20-session average
Futures OI on the day
▲ +1.7%+350 lots · long build-up · price +0.4%
Futures OI open, lots
21,00011 Mar · 30 Mar expiry
Futures premium, ₹
−1.59−1.0% to spot
Puts per call, by OI
0.94from 0.85 the session before
Max pain
170from 170 the session before

Source NSE UDiFF bhavcopy · IOC on the desk →

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