Brent crude approaches $100, raising inflation concerns for India
pre-market1 source ↓written by the desknot a recommendation
- on Thursday
- $97 per barrel
- potential rise above
- $100
- push inflation
- 4.1%
Brent crude prices neared $97 per barrel on Thursday, with analysts warning of a potential rise above $100. This surge could widen India's current account deficit and push inflation to 4.1%. Geopolitical tensions, including strikes on Saudi tankers, are contributing to the price volatility, impacting market sentiment.
Not investment advice. For informational purposes only.