Adani Total Gas shares jumped 13.08% to Rs 534.25 on March 11, 2026, following significant disruptions in liquefied natural gas (LNG) supply from the Middle East. The stock reached an intraday high of Rs 544.00 during trading hours.

The surge in share price is attributed to Qatar halting LNG production after an Iranian drone attack, which has raised concerns over energy supply routes. India imports approximately 40% of its LNG from Qatar, making it particularly vulnerable to such disruptions.

In response to the supply issues, Adani Total Gas has increased gas prices to Rs 119 per standard cubic metre. This adjustment reflects the immediate impact of the ongoing conflict in the Middle East on energy markets.

On the trading day, a total of 59.44 lakh shares were exchanged, with a traded value of Rs 316.62 crore. However, despite the recent uptick, the stock has experienced year-to-date returns of -9.74% and one-year returns of -10.21%.

Market analysts note that gas-linked companies in India often react swiftly to international energy disruptions. One expert commented, “Whenever international energy routes face disruptions, gas-linked companies in India often react quickly in the stock market today.”

The ongoing conflict in the Middle East has significantly affected global energy routes, particularly shipments through the Strait of Hormuz, which is a crucial passage for LNG exports.

As the situation develops, investors are closely monitoring the impact of geopolitical tensions on energy prices and supply chains. Details remain unconfirmed regarding the long-term implications of these disruptions on Adani Total Gas and the broader market.

The post Adani Total Gas Share Price Sees Significant Increase Amid Supply Disruptions appeared first on yesdaidanews.com.

Adani Total Gas Limited (ATGL) shares jumped 13.08% to Rs 534.25 following a price hike for industrial clients, reflecting the company’s response to ongoing supply challenges. The stock reached a high of Rs 544.00 and a low of Rs 474.90 during the trading session, indicating a volatile market reaction.

Over 40% of ATGL’s daily contract quantity is now priced at Rs 119 per standard cubic metre, a significant adjustment that underscores the impact of external factors on domestic gas pricing. A total of 59.44 lakh shares were traded, resulting in a traded value of Rs 316.62 crore.

The increase in ATGL’s share price is closely linked to supply problems stemming from the ongoing conflict in the Middle East. Qatar, a major supplier, has halted LNG production due to the conflict, which has led to a reduction in gas supplies to India. This situation is critical as India imports around 40% of its LNG from Qatar, making the country highly susceptible to fluctuations in supply.

Despite the recent surge, ATGL’s year-to-date returns stand at -9.74%, while the one-year returns are at -10.21%. The volume-weighted average price (VWAP) for the stock is currently Rs 532.25, indicating that while the stock has seen a short-term boost, it remains under pressure from previous declines.

ATGL’s current trading at a price-to-earnings (P/E) ratio near 58.5x raises concerns among analysts regarding its high valuation compared to peers. Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited (MGL) have P/E ratios of approximately 44.2x and 39.8x respectively, suggesting that ATGL may be overvalued in the current market context.

Analysts are closely monitoring the situation as the ongoing conflict in the Middle East continues to create uncertainty in global LNG markets. The long-term sustainability of the price increases remains uncertain due to potential regulatory reviews and ongoing volatility in these markets. Details remain unconfirmed.

As the situation develops, observers will be looking for further indications of how ATGL will navigate these challenges and whether the recent price increase can be sustained in the face of ongoing supply disruptions.

The post Atgl share price: Adani Total Gas Limited Sees Significant Surge appeared first on yesdaidanews.com.

On March 10, 2026, Pakistan announced sweeping emergency austerity and fuel conservation measures in response to severe disruptions in oil and gas supply caused by the ongoing Iran war. The conflict has significantly impacted the Strait of Hormuz, a vital waterway for traded oil, exacerbating the situation.

Pakistan relies heavily on imports for over 80 percent of its oil needs, making it particularly vulnerable to fluctuations in global oil supply. Between July 2025 and February 2026, the country’s oil imports totaled $10.71 billion, highlighting its dependence on foreign oil.

Impact on Fuel Prices

The recent energy crisis has triggered the largest fuel price increase in Pakistan’s history, with petrol prices rising to $1.15 per litre and diesel to $1.20 per litre, marking a 20 percent increase since the previous week. This surge in fuel costs comes during the final days of Ramadan, straining household budgets across the nation.

Qatar, Pakistan’s primary LNG supplier, has also been affected, as its cargoes must pass through the increasingly perilous Strait of Hormuz. The situation has prompted Prime Minister Shehbaz Sharif to declare, “The entire region is currently in a state of war,” underscoring the gravity of the crisis.

US Military Actions

In the backdrop of this crisis, the United States has intensified its military operations against Iran, aiming to dismantle its missile and defense capabilities. US Defense Secretary Pete Hegseth stated, “Today will be yet again our most intense day of strikes inside Iran,” indicating a significant escalation in hostilities.

Despite the ongoing conflict, Hegseth noted that the number of missiles fired by Iran in the past 24 hours was the lowest since the war began, suggesting a potential shift in the dynamics of the conflict.

Broader Economic Concerns

Experts warn that the biggest risk from the current situation does not stem solely from rising oil prices. Amer Zafar Durrani, an economic analyst, emphasized that “The real macroeconomic trigger is currency depreciation,” which could further destabilize Pakistan’s economy.

The ongoing conflict in the Middle East continues to have significant implications for global oil supply and prices, creating a precarious situation for countries like Pakistan that are heavily reliant on imported energy sources.

The post Iran War Oil: Pakistan Faces Energy Crisis Amid Ongoing Conflict appeared first on yesdaidanews.com.