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Crude above $90 again—India faces higher import bill, rupee pressure as oil prices rise
Brent crude rises to highest level in nearly a month as US-Iran deadlock keeps Strait of Hormuz disrupted, raising risks of higher import bills, fuel prices & inflation for India.
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theprint.in
India’s crude import bill jumped by 57% year-on-year to $63.4 bn in April-July as oil prices rose
India’s crude import volumes remained largely unchanged in April-July, but higher oil prices sharply increased the import bill, with renewed US-Iran tensions raising the risk of…
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timesofindia.indiatimes.com
Oil price today: Brent crude remains above $90 per barrel as Hormuz operations remain disrupted
Oil prices remained close to recent highs, above the $90 per barrel mark in early trade on Thursday as investors assessed uncertainty surrounding the US-Iran war and the shipping…
