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Asia

Oil is crude once again! Is $95 the new normal and what it means for Indian investors?

Markets-Economic Times · 3h ago · 🇮🇳 India

Oil is crude once again! Is $95 the new normal and what it means for Indian investors?

Crude oil prices are rising again due to escalating Middle East tensions. This surge impacts India's import costs and government finances significantly. Higher oil prices will likely pressure the Indian rupee and fuel inflation. Indian equity markets may experience a broad risk-off reaction. Sectors like aviation and logistics face increased costs and pressure.

Read the full story at Markets-Economic Times →

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