Global crude oil prices surged sharply after renewed military tensions and bombardments in the Middle East sparked fears of potential supply disruptions in international energy markets. Benchmark crude rose by nearly 3 percent in the latest trading session, reaching around $97.24 per barrel
Indian Prime Minister Narendra Modi delivered one of his strongest warnings yet on the state of the global economy, cautioning that the world risks losing decades of progress against poverty if ongoing crises are not urgently addressed.
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