Brent slips on US-Iran deal, situation may ease for India | TheBriefWire
Brent slips on US-Iran deal, situation may ease for India
Published 15 June 2026 ยท india
Brent crude slipped to nearly $83 per barrel Monday, a significant development for India, which imports nearly 88% of its crude oil requirement. The rate
Brent crude slipped to nearly $83 per barrel Monday, a significant development for India, which imports nearly 88% of its crude oil requirement. The rate at which Indian refiners procure crude, was recorded at $86.77 per barrel Friday, the latest available price, and is expected to decline following the fall in global energy prices.
Published: June 16, 2026 โข 2:52 AM IST ยท Updated: June 16, 2026 โข 3:32 AM ISTBy TheBriefWire Editorial Team
Key points
Brent crude slipped to nearly $83 per barrel Monday, a significant development for India, which imports nearly 88% of its crude oil requirement.
The rate at which Indian refiners procure crude, was recorded at $86.77 per barrel Friday, the latest available price, and is expected to decline following the fall in global energy prices.