Shares of InterGlobe Aviation (IndiGo) fell by 6.3% to ₹4,265.6 following a significant rise in oil prices, which surged above $100 per barrel due to heightened tensions in West Asia. The increase in Brent crude oil prices, which reached $102.17 per barrel, is attributed to the US Navy's preparation to block maritime traffic in the Strait of Hormuz, impacting Iranian oil shipments. This geopolitical tension has raised concerns among investors, leading to a mixed performance in aviation stocks. While IndiGo's margins are expected to be squeezed as airlines struggle to pass on fuel costs to passengers, analysts remain optimistic about the company's long-term growth strategy despite near-term earnings challenges. Motilal Oswal Financial Services highlighted that ongoing disruptions in airspace due to the conflict could lead to revenue losses and increased costs for IndiGo, potentially affecting performance in the upcoming fiscal quarter.