Brent crude reaches highest level since April amid Saudi Arabia attacks

NEW DELHI PSqure Daily Correspondent

Brent crude oil closed the week at its highest price point since April, driven by escalating supply concerns globally. The surge in international oil markets sets the backdrop for domestic petrol and diesel costs across Indian cities, including Delhi, Mumbai, and Bengaluru, on October 24.

The recent increase in crude prices is attributed to intensifying attacks on Saudi Arabia. This escalation has significantly exacerbated anxieties regarding global oil supplies.

Prior to the incidents in Saudi Arabia, energy markets were already facing considerable strain due to the US-Iran war. Motorists in India continue to monitor daily fuel rates as these international tensions impact crude valuations.

Read the full report with related stories: https://psqure.com/story/378a6ba8-dcd0-4b88-bff3-fcac01d48308

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