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Oil Woes To Worsen? Indian Crude Basket Tops $123/Barrel Amid West Asia Tensions

The latest jump comes as oil prices remain highly volatile amid US-Iran tensions and disruptions to shipping through key waterways raised concerns over global oil supplies and inflationary worries.
India's crude oil basket surged to nearly $123 per barrel on Thursday, September 24 following ongoing uncertainties in Middle East and disruptions to shipping through key waterways raised concerns over global oil supplies and inflationary worries.
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