Crude Oil Surge Raises Fresh Margin Concerns for Indian Businesses
NEW DELHI, Sept 12: Rising crude oil prices are emerging as a fresh challenge for Indian companies after Brent crude climbed above $108 a barrel amid escalating tensions in West Asia, raising concerns over input costs, inflation and corporate margins.
Brent crude reached around $108.77 a barrel, its highest level in four months, as disruptions to…
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