The benchmark BSE Sensex fell 700 points to 40,750 as crude oil prices hit a near nine-month high due to increased tensions between the US and Iran. India imports nearly 80% of its crude oil consumption. The rising tensions could threaten global oil supplies and push prices higher, leading to a jump in India's import bill.
The benchmark BSE Sensex fell 700 points to 40,750 as crude oil prices hit a near nine-month high due to increased tensions between the US and Iran. India imports nearly 80% of its crude oil consumption. The rising tensions could threaten global oil supplies and push prices higher, leading to a jump in India's import bill.
