Brent crude oil price jumped 2.4% to $70.06 per barrel on Thursday

GK and monthly revision
Brent oil price tops $70 on Trump's Iran threats
Brent crude oil prices surpassed $70 per barrel for the first time since September 2019, driven by heightened geopolitical tensions between the US and Iran. This sharp increase in oil prices is significant as it could impact India's import bill and fuel prices, making it an important economic factor to consider for competitive exam preparation.
Revision structure
Key points
Exam-ready takeaways
This is the first time Brent oil has crossed $70 per barrel since September 2019
The price rise was driven by US President Donald Trump's threats of military strikes on Iran
Higher oil prices could impact India's import bill and domestic fuel prices
Geopolitical tensions between the US and Iran are a key factor affecting global oil markets
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.