Brent Crude Hits $108: What’s Cooking for India’s Wallet?

Brent crude is now shimmying at $108 a barrel, making India sweat a bit! This price hike means the country has to fork out more dollars for the same oil, which could lead to higher prices for everything from petrol to groceries. Policymakers are in a pickle, trying to balance inflation, trade deficits, and the rupee's strength.