Crude Oil Soars Past $90

PrismNews: Global financial markets faced major turbulence today as international Brent crude oil prices violently jumped by over 3% to cross the critical $90 per barrel milestone.
Market analysts attribute this sharp economic spike directly to escalating geopolitical standoffs in the Middle East, which have placed immense pressure on essential maritime trade lines.
As a direct fallout, the Indian Rupee tumbled significantly by 12 paise against the US Dollar in early morning trading sessions.
Simultaneously, the Indian domestic stock market witnessed a severe sell-off, with the BSE Sensex plunging by over 670 points and the NSE Nifty50 struggling well below the 24,200 mark.