Crude Oil Prices Surge Past $107 Amid Escalating US-Iran Tensions: Major Inflationary Concerns Mount for India and Global Markets:
Global energy markets faced severe volatility on Thursday as crude oil prices surged by up to seven percent, crossing the $107 per barrel threshold for the first time since May 21. Driven by mounting fears of an intensifying military conflict between the United States and Iran, benchmark rates have recorded an alarming 30 percent appreciation … Read more