Why is ONGC surging while OMCs Face Rs 2 lakh crore ‘under-recovery’ concerns – 3 big concerns for India
- Posted on May 12, 2026
- By Financial Express
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- 1 min read
Why is ONGC surging while OMCs Face Rs 2 lakh crore ‘under-recovery’ concerns – 3 big concerns for India
Why are ONGC and Oil India surging while OMCs face massive under-recovery fears? Here are the 3 biggest concerns for India as crude oil prices spike amid Iran-US tensions, fuel conservation calls, and Strait of Hormuz risks.