New Delhi, Jan. 13 -- Crude oil prices on Multi Commodity Exchange of India (MCX) gained over a percent, in line with the rally in international energy prices that touched the highest level since November 2025, amid heightened concerns over potential supply disruptions due to tensions in Iran.
MCX crude oil prices traded 1.48% higher at Rs.5,414 per barrel. Brent crude oil rose 0.78% to $64.37 a barrel, while the US West Texas Intermediate (WTI) crude futures gained 0.84% to $60.00.
The rally in crude oil prices came after US President Donald Trump said he's imposing a 25% tariff on goods from countries "doing business" with Iran.
One of the biggest producers of the Organization of the Petroleum Exporting Countries, Iran is facing its ...
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