The direct impact of global geopolitics is visible on the commodity market. After America’s entry into Venezuela, a strong rally is being seen in commodities like Gold, Silver and Copper. But India can get the biggest benefit on the Crude Oil front. According to SBI Research Report, crude oil rates may reach $50 per barrel by June 2026, whereas currently the prices are around $60, which means a decline of about 20%. With this, inflation will remain under control, CPI can go below 3.4% and GDP will also be positively impacted. Due to oil becoming cheaper, the import bill will reduce and the foreign reserve will increase. The only question is – will its benefits reach you?
Venezuela Crisis and Petrol-Diesel: How much will India benefit? , Money Live , Venezuela Crisis and Petrol-Diesel: How much will India benefit?
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