Even a couple of months ago, any flare-up between the US and Iran in the Gulf region would have seen two things happening: A spike in crude oil prices, and a market reaction that was sharply negative. Today, while crude oil prices are up, they are only inching up, not spiking. And the Indian market, while displaying occasional volatility, has been holding its own. So, it might be a good time to pick some stocks; but only if you are very selective and target resilient companies with some moat.

Even a couple of months ago, any flare-up between the US and Iran in the Gulf region would have seen two things happening: A spike in crude oil prices, and a market reaction that…

Brace for trouble. The US-Iran conflict now appears to be gaining in intensity and the commodities market is taking the current spiral of violence seriously. Brent crude, which…