US-Iran war: MCX crude oil futures rise 6% amid disruption in the global crude market. Where are they headed?
US-Iran war: Crude oil prices saw a significant rally on the Multi Commodity Exchange (MCX) on Monday, February 2, as the escalating US-Israeli conflict with Iran plunged the global crude market into chaos amid fears of an effective shutdown of the vital Strait of Hormuz.
MCX Crude Oil March 19 Futures surged 6% to ₹3,6457 on Monday.
