Wednesday, 30 September 2026Updated 4m ago
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Market move▼ Bearish for Indian equities

Brent Crude Near $103 As Strait Of Hormuz Uncertainty Offsets Saudi Supply Recovery

1 source · first seen 06:29 30 Sept · updated 06:29 30 Sept

The brief

Written from 2 reports · check the source before you trade
  • Brent crude was near $103 as Strait of Hormuz uncertainty offset Saudi supply recovery
  • Oil prices had fallen sharply Tuesday after Saudi crude exports from Red Sea ports showed signs of recovery
  • Elevated crude threatens margins for Indian airlines and oil-marketing companies

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Strait of Hormuz11 todayCrude oil106 todaySaudi Arabia10 today

Linked by the tag Saudi Arabia

64 stories this week
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  3. 29 SeptOil Extends Gain as Iran Uncertainty Outweighs Saudi Pipe ReturnMarket move · 2 sources
  4. 28 SeptIndia-UAE target $200bn bilateral trade by 2032; commit to local currencies, payments, digital initiatives — Check here1 source · India and UAE target $200bn bilateral trade by 2032
  5. 28 SeptBrent Stays Elevated Even As Saudi Arabia's East-West Pipeline Resumes Oil ExportsMarket move · 1 source · Brent crude futures traded near $108 per barrel
All Saudi Arabia stories →

Read the reports

2 reports · earliest 06:29
NDTV ProfitBrent Crude Oil Holds Above $100 As Strait Of Hormuz Uncertainty Offsets Saudi Supply Recovery06:29NDTV ProfitBrent Crude Near $103 As Strait Of Hormuz Uncertainty Offsets Saudi Supply Recovery06:29