Brent crude and US West Texas Intermediate crude (WTI) traded above $90 and $85 per barrel, respectively in Asian trade on Friday. This price surge followed unconfirmed reports of explosions in Iran, Syria, and Iraq, igniting concerns about a potential escalation of the Middle East crisis.As crude oil prices are rising, some stocks will benefit from it. According to StockEdge data, here is a list of counters that will benefit from rising crude oil prices:
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ONGC, Indraprastha Gas among 5 stocks that may gain from rising crude oil prices – Oil on boil
