Economy · India
India's Crude Oil Basket Price Nears $130 Per Barrel
India's average crude oil basket price has approached $130 per barrel, reaching $128.70. This rise in oil prices has re-emerged as a significant concern, particularly regarding the nation's fiscal situation. The increase in the cost of imported crude oil directly impacts India's economy, which relies heavily on foreign sources for its energy needs.
How outlets across the spectrum covered it
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- Centre (2): The Financial Express, The New Indian Express