Commodities Fiscal strain looms as global crude prices touch $80 per barrel Updated : May 22, 2018 01:16 PM IST Rising oil prices are especially worrying for oil importers such as India. Fears of fresh sanctions on Iran are also boosting supply concerns. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.