Crude oil futures rise 4% on rising US-Iran tensions
Crude oil prices on Friday rose nearly 4 per cent to Rs 4,514 per barrel due to concerns over global crude supplies amid rising tensions between the US and Iran.
On the Multi Commodity Exchange, crude oil for delivery in January traded higher by Rs 171, or 3.94 per cent, to Rs 4,514 per barrel in 85,893 lots.
