Tag: oil imports

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India’s rising oil imports push trade deficit back into dangerous territory: Crisil

By ANI | New Delhi India’s oil trade deficit is set to widen sharply in FY27 as rising crude prices, weakening petroleum exports and the country’s heavy dependence on imported oil place renewed stress on external balances, according to a report by Crisil. The report, titled “Oil’s not well”, underlined that India continues to rely […]