Economy · India
Crude Oil Prices Near $100, Fueling India's Inflation Concerns
Global crude oil prices are approaching $100 per barrel amid rising tensions between Iran and the United States. This surge is diminishing hopes for lower petrol and diesel prices in India. Brent crude's climb is a significant concern for India, which relies heavily on oil imports. Hopes for a US-Iran agreement have reportedly decreased, contributing to the price increase.
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- Centre (2): Amar Ujala, Hindustan (Hindi)