Washington: Crude oil has reached a 17-year low due to the Corona outbreak and the ongoing price war between Russia and Saudi Arabia. Brent crude oil, which is important for India, has reached a price of $ 23 per barrel. The coronavirus is increasing in havoc all over the world. 199 countries of the world are under the grip of Corona.
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According to the Worldometer, a total of 7,21,902 people are infected with corona worldwide, while 33,965 people have lost their lives. Most worrying is its rapid spread in America. A senior American scientist has even warned that it could kill 1 to 2 lakh people in America. In the US, over 1.40 lakh people have been infected with Corona.
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Due to the outbreak of this virus, the entire world’s stock markets have also collapsed. America’s West Texas Intermediate crude has reached $ 20 per barrel with a 5.3 percent fall. Similarly, London’s Brent crude, which is considered a benchmark for India and other international markets, slipped 6.5 percent to $ 23 a barrel.
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