Commercial LPG Prices Skyrocket by INR 993 in Delhi Amid Iran Crisis and Strait of Hormuz Standoff; Global Oil Prices Surge
New Delhi, May 1: Crude oil prices rose on Friday as efforts to resolve the Iran crisis reached a stalemate, with Tehran continuing to block the Strait of Hormuz and Washington restricting Iranian crude exports. Brent futures for July on Intercontinental Exchange gained $0.81, or 0.73 per cent, to $111.21 a barrel, while West Texas … Read more