OMC stocks: Brent slips below $90 to hit over 2-month low amid Iran peace hopes; Will HPCL, BPCL and IOC benefit?

Brent crude slipped below $90, hitting a two-month low, amid hopes of easing Middle East tensions. Oil marketing companies like HPCL, BPCL, and IOC may benefit from lower crude prices, which could reduce costs and improve margins. However, shipping risks remain.