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Why Crude Oil Prices Are Rising Again Now?

Source: Business Today

Crude oil prices are back above $100 a barrel as disruptions across key Middle East shipping routes raise concerns over global supply. From the Strait of Hormuz and Saudi Arabia’s alternative pipeline to rising tanker costs and diplomatic uncertainty, four factors are driving the latest surge. But what does higher crude mean for India’s import bill, rupee and inflation?

Attribution

This digest is published with acknowledgment to Business Today. For the complete analysis, headnotes, and citations, please refer to the source.

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