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Home ยป Brent Crude Hovers Near $95/Barrel Amid US-Iran Standoff

Brent Crude Hovers Near $95/Barrel Amid US-Iran Standoff

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International Brent crude futures extended their upward trajectory toward $95 per barrel following another wave of military strikes in West Asia. Higher energy costs continued to pressure domestic fuel-sensitive sectors like paints, consumer goods, and aviation, while favoring upstream energy majors like Reliance Industries (+0.65%) and NTPC (+1.85%).

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