IEA chief sees little chance of oil market 'normalisation' next year
The war sparked by the attacks has sent oil prices to over $100 a barrel compared with below $70 a barrel before hostilities began, while damage to Gulf…
The Hindu reports that the war sparked by the attacks has sent oil prices to over $100 a barrel compared with below $70 a barrel before hostilities began, while damage to Gulf refineries has helped push diesel prices to record highs.
This world story centres on India. Names and organisations mentioned in the coverage include IEA and Gulf.
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International developments of this kind are often followed closely by governments, aid organisations and global markets.
Key details
- Location
- India · Asia
- Reported by
- The Hindu
- First reported
- Key names
- IEA, Gulf
- Section
- World
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