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Indian markets witnessed a sharp decline in oil-sensitive stocks as global crude prices surged past seventy-eight dollars per barrel due to escalating tensions between the United States and Iran. Major companies like Asian Paints Indian Oil Corporation and JK Tyre faced significant selling pressure because rising oil costs directly impact their raw material expenses and profit margins. Investors remained cautious as the geopolitical turmoil threatened to disrupt global energy supplies which led to a broader sell-off across sectors dependent on stable fuel prices. The article highlights that paint manufacturers and tire companies are particularly vulnerable to these fluctuations while state-run oil marketing firms also struggle with the challenge of maintaining retail prices amid volatile international benchmarks. Market analysts suggest that continued instability in the Middle East could further weigh on investor sentiment and lead to sustained volatility in the domestic stock market. #sharemarket #sharemarketnews #stockmarketnews #iranisraelwar