Brent crude surpasses $114 amid Iran-Israel conflict
Brent crude futures exceeded $114.15 per barrel due to escalating tensions from the Iran-Israel conflict, with the Strait of Hormuz closed. Despite this, petrol and diesel prices in India have remained stable, as the country assesses fuel supply needs.
after close1 source ↓written by the desknot a recommendation
- per barrel following
- $114.15
Oil prices surged as Brent crude futures topped $114.15 per barrel following Iran's attacks on Middle East energy facilities. The closure of the Strait of Hormuz has disrupted shipments, prompting India to prioritize domestic fuel needs. Despite rising global prices, petrol and diesel rates in India remain stable. 💼
Not investment advice. For informational purposes only.