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Home ยป Saudi Energy Attack Pushes Brent Crude Futures Above $111/bbl

Saudi Energy Attack Pushes Brent Crude Futures Above $111/bbl

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Geopolitical risks intensified after reports confirmed a drone strike targeting energy infrastructure in Saudi Arabia, driving international Brent crude oil futures up sharply to $111.71 per barrel. The persistent spike in international energy prices reignited severe current-account deficit concerns and input-cost pressures for Indian importers.

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