Crude surged to a four-year high earlier this month on concern US sanctions on Iran, along with chronic supply losses in Venezuela, could lead to a shortage. Emerging economies, most notably India, are bearing the brunt of the rally, which comes when they’re already contending with currency depreciation and the fallout from trade disputes.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2ywTKXJ
