Economy
Brent crude hits $115 as Houthi attacks disrupt global oil supplies
The Hindu1h
THE BRIEF
1
Brent crude futures climbed to an intraday high of $115.14 per barrel on Friday following Houthi attacks on Saudi Arabian energy infrastructure.
2
The Indian crude basket averaged $120.08 per barrel this month, significantly exceeding Reserve Bank of India projections of $95 for the second half of the fiscal year.
3
Adani Total Gas hiked CNG prices by ₹4.45 per kg, citing a steep rise in global natural gas procurement costs and supply shortages.