India's edible oil import bill may rise 9% to ₹1.75 lakh crore in 2025-26, raising concerns over import dependence.

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.

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.

India's edible oil imports will increase from July to October. This rise is due to slower domestic soybean and rapeseed crushing operations. Higher imports are expected to meet…