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Crude Oil - UK inflation to edge higher if oil prices push up energy costs, experts warn

Experts have said that inflation is set to remain elevated over the coming months, particularly if global oil prices continue to spike.

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Asian shares are mixed and oil prices slid after the escalating Iran-Israel crisis

Asian shares were mixed and oil prices slid Wednesday as investors calmed from the jitters of conflict in the Middle East.

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Israel-Iran conflict pushes crude oil prices higher; here’s how aviation, paint, oil stocks reacted

Shares of airline companies - Spicejet and IndiGo parent Interglobe Aviation - fell up to 1% today amid concerns that a rise in crude prices would propel aviation turbine fuel (ATF) higher. The ATF is ...

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Surge in crude prices poses risk to India’s current account deficit: Report

Amid rising global crude prices, India’s current account deficit (CAD) for FY25 faces an upward risk, as every $10 per barrel increase in oil prices can worsen the annual CAD by nearly $15 billion, ...

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Japanese refinery Taiyo Oil shifts crude purchases to U.S. and Asia to offset Middle East risk

Takahiro Yamamoto, President & CEO of Taiyo Oil says oil price increase and supply disruption could have material impact on its business given 30-40% of its crude import comes from the Middle East ...

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