GE Shipping, SCI shares rally up to 13% as Israel's strike on Iran elevates tanker rate surge bets

  • Posted on June 13, 2025
  • By Business News Today
  • 3 Views
GE Shipping, SCI shares rally up to 13% as Israel's strike on Iran elevates tanker rate surge bets

Indian shipping stocks, including GE Shipping and SCI, surged following escalating tensions between Israel and Iran. The geopolitical unrest drove crude oil prices higher and fueled speculation about rising container shipping rates.
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