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Brent Crude Soars 50% on Iran War; Rupee Hits Record Low Amid Energy Crisis

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Brent crude surged nearly 50% since Iran war erupted on February 28, weakening Indian rupee to record lows.
  • Rising energy prices strain India's external sector, forcing central bank interventions and government measures to defend the currency.
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105.81 +62.99% over the displayed period

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