West Asia crisis: Worst week for stocks, risks rise for inflation, CAD and rupee

Brent crude rose to a 20-month high of $87.66 per ​barrel on Friday and is on course for a 20 per cent jump this week, the sharpest rise since March ​2022 in the aftermath of Russia’s invasion of Ukraine. Higher oil prices are typically negative for India, the world’s third-largest crude importer

Mar 7, 2026 - 10:00
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West Asia crisis: Worst week for stocks, risks rise for inflation, CAD and rupee
Brent crude rose to a 20-month high of $87.66 per ​barrel on Friday and is on course for a 20 per cent jump this week, the sharpest rise since March ​2022 in the aftermath of Russia’s invasion of Ukraine. Higher oil prices are typically negative for India, the world’s third-largest crude importer

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