{"id":8017,"date":"2026-03-02T14:03:59","date_gmt":"2026-03-02T08:33:59","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=8017"},"modified":"2026-03-02T14:03:59","modified_gmt":"2026-03-02T08:33:59","slug":"hormuz-crisis-markets-gold-silver-and-oil","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/hormuz-crisis-markets-gold-silver-and-oil\/","title":{"rendered":"War in Iran, Hormuz Crisis: Markets Into Freefall, gold and silver soar"},"content":{"rendered":"\n

Sensex Crashes 1,086 Points; Crude Surges 13%, Gold Hits All-Time High of \u20b91.73 Lakh<\/strong><\/p>\n\n\n\n

\u2014 Lakshmishree <\/em><\/p>\n\n\n\n

\u25bc 1,086<\/strong> SENSEX<\/td>\u25bc 350<\/strong> NIFTY 50<\/td>\u25b2 13.76%<\/strong> BRENT CRUDE<\/td>\u25b2 20%<\/strong> INDIA VIX<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

A deepening geopolitical crisis in West Asia has sent global financial markets into turmoil over the past 48 hours. Following the killing of Iran’s Supreme Leader Ayatollah Ali Khamenei<\/strong> in a joint American-Israeli operation, fears of retaliation and a potential blockade of the Strait of Hormuz have triggered panic selling across markets worldwide, including India. The commodity markets recorded their worst single-day shock since 2008.<\/p>\n\n\n\n

The Hormuz Crisis: A Real Supply Emergency<\/strong><\/p>\n\n\n\n

The Strait of Hormuz remains open as of publication, but the situation is dangerously volatile. An estimated 150 tankers have dropped anchor outside the strait, refusing to enter. With major insurance companies withdrawing war-risk coverage, commercial shipping through the world’s most critical oil chokepoint has effectively ground to a halt.<\/p>\n\n\n\n

\u25cf     20% of the world’s crude oil supply transits through the Strait of Hormuz daily.<\/p>\n\n\n\n

\u25cf     85% of India’s LPG imports depend on this single maritime corridor.<\/p>\n\n\n\n

\u25cf     Any disruption or full blockade could trigger further steep rises in global oil prices.<\/p>\n\n\n\n

The world’s 20% crude oil and India’s 85% LPG passes through this route. Insurance companies withdrawing coverage have frozen ship movements. This is not just fear and uncertainty \u2014 this is a Physical Supply Crisis.<\/em><\/strong> <\/p>\n\n\n\n

Market Snapshot<\/strong><\/p>\n\n\n\n

ASSET<\/strong><\/td>CHANGE<\/strong><\/td>LEVEL<\/strong><\/td><\/tr>
Sensex<\/strong><\/td>\u25bc 1,086 pts (1.34%)<\/strong><\/td>79,816<\/td><\/tr>
Nifty 50<\/strong><\/td>\u25bc 350 pts (1.31%)<\/strong><\/td>24,750<\/td><\/tr>
India VIX<\/strong><\/td>\u25b2 +20%<\/strong><\/td>Panic Zone<\/td><\/tr>
Brent Crude<\/strong><\/td>\u25b2 +13.76%<\/strong><\/td>$82.37\/bbl<\/td><\/tr>
Gold (MCX)<\/strong><\/td>\u25b2 Record High<\/strong><\/td>\u20b91,73,000\/10g<\/td><\/tr>
Silver (MCX)<\/strong><\/td>\u25b2 +\u20b910,000 overnight<\/strong><\/td>\u20b92,95,000\/kg<\/td><\/tr>
HAL \/ BEL (Defence)<\/strong><\/td>\u25b2 Up to +13%<\/strong><\/td>Outperforming<\/td><\/tr>
IndiGo \/ Maruti<\/strong><\/td>\u25bc Under Pressure<\/strong><\/td>Underperforming<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Sectoral Impact<\/strong><\/p>\n\n\n\n

Defence stocks were the standout winners of the session, with HAL and BEL surging as much as 13% on war-related news flow. On the flip side, aviation and auto sectors bore the brunt of rising oil costs \u2014 IndiGo and Maruti Suzuki came under heavy selling pressure. Safe-haven assets like gold and silver hit record levels, underscoring the depth of investor anxiety.<\/p>\n\n\n\n

Outlook<\/strong><\/p>\n\n\n\n

Any disruption to the Strait of Hormuz will hit India strong. Domestic inflation, fuel prices, and cooking gas costs could all escalate more. Investors are advised to avoid panic-driven decisions. In the current environment, we recommend reviewing exposure to energy-sensitive sectors and considering diversification into defence, gold, and energy as a hedge against prolonged uncertainty. All eyes remain on West Asia.<\/p>\n\n\n\n

Lakshmishree Investment & Securities Pvt. Ltd.<\/strong>This report is for informational purposes only. Please consult a financial advisor before investing.<\/em><\/td>www.lakshmishree.com<\/strong>research@lakshmishree.com<\/td><\/tr><\/tbody><\/table><\/figure>\n","protected":false},"excerpt":{"rendered":"

Sensex Crashes 1,086 Points; Crude Surges 13%, Gold Hits All-Time High of \u20b91.73 Lakh \u2014 Lakshmishree \u25bc 1,086 SENSEX \u25bc 350 NIFTY 50 \u25b2 13.76% BRENT CRUDE \u25b2 20% INDIA VIX A deepening geopolitical crisis in West Asia has sent global financial markets into turmoil over the past 48 hours. Following the killing of Iran’s […]<\/p>\n","protected":false},"author":3,"featured_media":8018,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[53],"tags":[1556,1351,1555,1557],"class_list":["post-8017","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-market","tag-gold-2","tag-silver","tag-us-iran-war","tag-war-impact-on-market"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/8017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=8017"}],"version-history":[{"count":1,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/8017\/revisions"}],"predecessor-version":[{"id":8019,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/8017\/revisions\/8019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/8018"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=8017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=8017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=8017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}