india crude oil imports

Petrol and Diesel Prices Likely to Rise Soon? RBI Governor Warns of Fuel Hike if West Asia Crisis Continues

Petrol and Diesel Prices Likely to Rise Soon? RBI Governor Warns of Fuel Hike if West Asia Crisis Continues

Petrol and diesel prices in India may rise soon as RBI Governor Sanjay Malhotra warns of fuel price hikes if…

May 13, 2026

US Strikes Iran- Will It Disrupt Strait Of Hormuz, A Key Passage For India’s Crude Oil Imports? Why Is World’s Most Vital Oil Transit Chokepoint At Risk?

US strikes on Iran raise fears of Strait of Hormuz disruption, putting nearly 50% of India’s crude oil imports at…

February 28, 2026

West Asia Tensions Could Add USD 13-14 Billion to India’s Oil Import Bill, Widening Current Account Deficit

ICRA warns that rising tensions in West Asia could push crude prices up, increasing India’s oil import costs by USD…

June 23, 2025