BBCNEWS World July 3, 2024
Billion of foreign currency. But one of the biggest impacts globally has been on the Oil Pricejumping up by 5 on monday at one point it has since stabilized. Heres sameer hashmi. Joining me now is amrita sen, dounder and director of research at energy aspects. Give us your sense of what is happening right now. Prices are easing off a little but it is a wait and see mode, isnt it . Absolutely. What the market is afraid of is a wider escalation in the region. Obviously the market is focused on that and is worried about that. What the price reflect reflecting, around 88, is the unfounded fears fr...