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62: Russia-Saudi Arabia price war; implications for Indian market
Oil prices suffered a historic collapse after Saudi Arabia launched a price war against Russia. In general, lower oil prices are good for keeping inflation in check, but these gains could be outweighed by the impact of the demand slump taking place not only in India but globally.
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By Mint - HT SmartcastOil prices suffered a historic collapse after Saudi Arabia launched a price war against Russia. In general, lower oil prices are good for keeping inflation in check, but these gains could be outweighed by the impact of the demand slump taking place not only in India but globally.
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