Oil prices may skyrocket in India amid US-Russia tension
Oil prices in India may increase as the Russia-US tensions are expected to push crude oil prices higher. The global supply chain is also expected to be affected amid the ongoing tension between Russia and the US over the Russia-Ukraine war. The price of Brent crude oil could rise to $80 per barrel. Donald Trump is determined to stop the Russia-Ukraine war to claim the Nobel Peace Prize, and if the war does not end, prices may rise further by the end of 2025.
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