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India's Q1 oil import bill up 61%: What's the reason?
India's crude import bill jumped 61% to $49.8 billion in Q1 FY23, driven by sustained oil prices above $100 per barrel despite a 4% decline in import volumes.
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oilprice.com
India’s Crude Oil Import Bill Soars 60% as Iran War Drives Prices Higher | OilPrice.com
Higher global crude prices drove India's oil import bill 60% higher in the April-June quarter, increasing inflation and fiscal risks amid renewed Middle East supply concerns.
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newsbytesapp.com
India's Q1 oil import bill up 61%: What's the reason?
India's crude import bill jumped 61% to $49.8 billion in Q1 FY23, driven by sustained oil prices above $100 per barrel despite a 4% decline in import volumes.
