09/09/2026
Brent crude is racing toward the $100 mark as Middle East tensions escalate. With global supplies systematically tight, the threat of shipping disruptions is rattling energy markets. For India, which imports over 85% of its crude, this brings a direct surge in import bills and pressure on the Rupee. The ripple effect will soon be felt across freight costs, corporate margins, and retail prices.
Read more: https://industrialeconomist.com/oil-prices-nearing-100-amid-escalating-middle-east-tensions/