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Oil Price Tops $95 for First Time Since June 11 Amid Widening Mideast Conflict

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The price of oil has risen to over $95 per barrel for the first time since June 11, amid escalating tensions in the Middle East.

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Oil Price Tops $95 for First Time Since June 11 Amid Widening Mideast Conflict

The price of oil has surged to over $95 per barrel, its highest level since June 11, as tensions in the Middle East continue to escalate. The conflict in the region has led to a significant increase in oil prices, with Brent crude rising to $95.32 per barrel. The price hike is expected to have a major impact on the global economy, particularly in countries that rely heavily on oil imports.

Investing.com

India's Equity Benchmarks Log Worst Day in 2 Weeks on Widening Mideast Conflict

India's equity benchmarks have logged their worst day in two weeks due to the widening Mideast conflict. The conflict has led to a surge in oil prices, which has had a negative impact on the Indian market. The oil price has topped $95 for the first time since June 11, according to Investing.com. The widening conflict has also led to a decline in investor sentiment, with many investors opting to sell their shares. The Indian market has been affected by the conflict, with the Sensex and Nifty indices logging significant losses. The government has been monitoring the situation closely and has taken steps to mitigate the impact on the market. The Reserve Bank of India has also taken steps to stabilize the currency and prevent a sharp decline in the market.

ReutersInvesting.com

India's Equity Benchmarks Log Worst Day in 2 Weeks Due to Mideast Conflict

India's equity benchmarks have logged their worst day in two weeks due to the ongoing Mideast conflict. The conflict has resulted in significant volatility in the markets. The BSE Sensex and NSE Nifty 50 indices both fell by over 1% on Thursday. The decline was driven by concerns about the impact of the conflict on the global economy. The markets are expected to remain volatile in the coming days.

Reuters

India's equity benchmarks log worst day in 2 weeks on widening Mideast conflict

India's equity benchmarks log worst day in 2 weeks on widening Mideast conflict Comprehensive up-to-date news coverage, aggregated from sources all over the world by Google News.

Reuters

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