Brent commands a war premium as Middle East supply risks keep oil on edge
· economictimes.indiatimes.com
Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For India, prolonged price strength, higher shipping costs and a stronger US dollar could raise the oil import bill and intensify pressure on domestic fuel prices.
Hormuz remains the biggest uncertainty
Houthi risk has not disappeared
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India faces rising energy cost risks
Stronger dollar could intensify dome...