Global Crude Oil Price Jumps To 6-Month High Amid Israel-Iran Conflict

PUBLISHED ON: April 14, 2024 | Duration: 4 min, 48 sec

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The Indian government has strategically boosted crude oil imports from Russia, accounting for over 35 per cent of crude imports in 2023 to mitigate the impact of the Russia-Ukraine war on oil supplies. Iran said that their offensive is over the fear of supply disruption associated with the events in the Middle East.
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