Brent at $96: The Number That Changes Bharat's Budget Assumptions Without Warning

Brent crude touched $96.50 a barrel after the Strait of Hormuz was blocked. For a country that imports over 85% of its oil, India just got handed one of its most uncomfortable economic problems of the year.

20% of the World's Oil Was Blocked This Week — the Biggest Energy Shock Since 1973

The World's Most Dangerous Waterway Is on Fire — and the Ceasefire Clock Is Ticking