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Commodities

Brent Crude Nears $100 Amid Escalating US-Iran Tensions

Guavy AI Editorial Team
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Oil
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CNBC-TV18 reports that India's crude oil basket has surged to over $106 due to the spike in Brent crude prices. The price of Brent crude is nearing the $100 mark, and tensions between the US and Iran are escalating, raising fears of supply disruptions.

The Strait of Hormuz and regional oil infrastructure are in focus as investors worry about potential supply chain interruptions. Manisha Gupta and Juviraj Anchil break down what's driving the oil rally and what comes next.

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