2 high-margin oil support companies to watch as Strait of Hormuz opens
- Posted on June 20, 2026
- By Financial Express
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- 1 min read
2 high-margin oil support companies to watch as Strait of Hormuz opens
India buys most of its oil from abroad, and most of it passes through one narrow strait. That strait is opening again as US Iran peace deal comes into effect. Oil companies will then positively and aggressively scale up operations and will need support from the smaller companies that hold its backbone. 2 such stocks are catching the eye of many investors, with operating margins already above 60%
