Fossil fuel importers paid $330 billion in extra costs during this period

Aug 30, 2026

02:53 pm

What's the storyA study by the Centre for Research on Energy and Clean Air (CREA), has revealed that India was among top 20 countries with highest gross additional costs for fuel during the Strait of Hormuz crisis.

The report said that India suffered an additional cost of $22 billion in the six months after attacks on Iran.