Reliance Industries, ONGC shares in focus as oil jumps 8% near $100. Will prices hit $200?

Oil prices surged over 7%, pushing Brent close to $100 per barrel amid escalating Middle East tensions and supply disruption concerns. The rally is expected to keep upstream oil stocks such as Reliance Industries, ONGC and Oil India in focus, while geopolitical risks raise fears that crude prices could spike further.