New Delhi, April 6 (IANS) Saudi Arabia on Monday increased the price of its flagship crude as state-owned Saudi Aramco has set the official selling price of its Arab Light crude for May shipments at a record premium of $19.50 per barrel over the regional benchmark for Asian buyers.The steep hike comes as energy flows through the Strait of Hormuz face severe disruptions, according to reports.The move follows heightened tensions linked to the ongoing conflict involving the US, Israel, and Iran, wh…
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