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CRUDE OIL ABOVE $100! GLOBAL TENSIONS COULD PUT PRESSURE ON INDIA'S OIL BILL

CRUDE OIL ABOVE $100! GLOBAL TENSIONS COULD PUT PRESSURE ON INDIA'S OIL BILL

Global crude oil prices declined on September 24, 2026. Brent crude futures fell 0.9% to $102.13 per barrel, while US West Texas Intermediate (WTI) crude dropped 0.7% to $91.56 per barrel.

The decline followed signals that Iran remained open to diplomatic engagement with the United States. However, differences between the two countries persist, keeping uncertainty in global energy markets. The situation around the Strait of Hormuz also remains important because of its role in international oil transportation.

  • Brent crude: $102.13 per barrel
  • WTI crude: $91.56 per barrel
  • Main factor: US–Iran diplomatic developments
  • Supply concern: Strait of Hormuz and regional tensions

Volatile crude oil prices could affect India's import bill, inflation and currency stability. Future price movements will depend on geopolitical developments and global oil supply conditions.

This news is for information only and is not investment advice. Please do your own research before making investment decisions.