Crude oil nears $110 on supply disruption fears

Crude oil nears $110 on supply disruption fears due to attacks on Saudi facilities and heightened risks in the Strait of Hormuz. Escalating geopolitical tensions threaten key energy routes, stoking global supply concerns. Brent crude approaches $109.50/barrel, impacting import costs for India. A surge in crude prices may pressure refining margins and widen the trade deficit.

📊 STOCKS: | 🏢 SECTOR: Commodities | #HIGHIMPACT #CrudeOil