Fertilizer and chemical sector
Crude oil and gas also play a major role in making agricultural fertilizers and many chemicals. Iran controls 4.5% of the world’s energy supply. If the supply stops here, the input cost of these companies is sure to increase. In such a situation, the impact can be seen on major stocks like Chambal Fertilizers, Coromandel International and FACT (Fertilisers And Chemicals Travancore Ltd).
Disclaimer: This article is for informational purposes only. Do not consider this as investment advice. In situations like war or international tension, there is a greater possibility of market fluctuations. Investing in the stock market is subject to risks. Before investing money in any share, definitely consult your financial advisor or market expert.