Global Oil Crisis: Brent Hits $106.50 as US-Iran Tensions Shutter Hormuz; Fuel Hike Looms in India

Global energy markets are witnessing a shift as Brent crude prices slipped to $106.64 per barrel on Wednesday. The primary driver behind today’s price softening is a decisive move by the OPEC+ alliance. Major producers, including Saudi Arabia and Russia, met virtually to review m

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