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Crude oil prices rebound on fears of US involvement in Israel-Iran war; MCX crude oil rate jumps 2%

Crude oil prices traded higher on Multi Commodity Exchange (MCX) on Thursday following a rebound in the international Brent oil prices, supported by the escalating conflict between Israel and Iran in the Middle East. MCX crude oil futures for July contract opened higher at ₹6,360 per barrel as against its previous close of ₹6,334 level….

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