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The Economic Times

Global Business / The Economic Times

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Brent commands a war premium as Middle East supply risks keep oil on edge

Brent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For India, prolonged price strength, higher shipping costs and a stronger US dollar could raise the oil import bill and intensify pressure on domestic fuel prices.

10 Oct 2026 11:26 am