Oil prices on the boil as Middle East simmers

NEW DELHI| MUMBAI: OilNSE 1.89 % prices jumped $3 on Friday after a US air strike killed a top Iranian general, escalating tension in the world’s biggest crude-exporting region and stoking fears of a supply disruption. The impact of any possible retaliation worried key importers like India where fuel prices are already at a 13-month high.

India’s benchmark stock indices fell 0.4%, logging their worst weekly performance in a month, as global markets d

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