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Friday, 13 November 2026 IST

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Oil set for biggest weekly drop; may bring relief for India’s oil bill

Brent crude fell 16 per cent from its October 30 peak amid hopes of easing US-Iran tensions, potentially reducing India's import costs and losses at state-run oil firms

Attributed summary

Brent crude fell 16 per cent from its October 30 peak amid hopes of easing US-Iran tensions, potentially reducing India's import costs and losses at state-run oil firms

Read the original report — Business Standard

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