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The Economic Times
The Economic Times
Business

India bonds fall as oil tops $100/bbl, reviving inflation concerns

India Inflation Bonds Oil Reserve Bank of India United States

Indian government bonds weakened on ​Wednesday as Brent crude surged ​above $100 a barrel, rekindling inflation woes and darkening the interest-rate outlook.

Brent ​crude futures topped $100 a barrel in Asian trade as Washington and Tehran stepped up strikes on ships and key military bases, sharply escalating their six-month-old war.

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