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Markets, rupee sink as oil surges
Financial Express Hyderabad
|March 12, 2026
AFTER A RELIEF rally on hopes that the West Asia crisis may end soon, the benchmark indices sank again on Wednesday as global energy prices resumed their upward rally.
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Brent crude prices gained nearly 4% as fresh attacks on ships in the Strait of Hormuz worsened supply disruption fears. The rupee also fell 0.25% to c
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