crude oil price surge may affect India

Crude oil crisis: What are the reasons, and what is the forecast for the future?

A. Harikumar

As the Russia-Ukraine war worsened, the world experienced a crude oil shock today (March 7) with prices hitting a 14-year high What are the reasons for the current spike in prices? How is it going to affect different countries in the world? What is the forecast?
What are the reasons for the sudden spurt in oil prices? What is the history of oil price rise? What is the forecast for the coming days?

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