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India’s Crude Oil Import Bill Zooms 48.4% to $74.8 Billion in April-August as Global Prices Surge
India’s Crude Oil Import Bill Zooms 48.4% to $74.8 Billion in April-August as Global Prices Surge
Brent crude climbed close to $80 a barrel after fresh US-Iran tensions reignited supply concerns. A prolonged conflict could increase India’s oil import bill and fuel inflationary pressures. Key Highlights New Delhi: Global crude oil prices jumped sharply on Monday as escalating tensions between the United States and Iran renewed...
Global oil prices have fallen to their lowest levels since before the Iran conflict, offering relief to India’s economy, though petrol and diesel prices remain unchanged. Highlights: Global crude oil prices have dropped sharply, returning to levels seen before the Iran conflict and providing a positive signal for the Indian...
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