US-Iran peace deal: Reliance Industries, ONGC; which other oil & gas stocks will emerge as top winners and losers? (opens original article in a new tab)

US-Iran peace deal could open Strait of Hormuz, leading to lower oil prices and benefiting certain oil and gas companies while others face challenges.

• US-Iran peace deal may open Strait of Hormuz and lower oil prices.
• Nomura expects OMCs, CGDs, and Petronet LNG to benefit most from the deal.
• Upstream companies like ONGC and Oil India may face negative impacts due to lower oil prices.