Tag: India crude oil reserves

Prime Minister Narendra Modi. As of January, the Middle East accounted for 55% of India’s crude oil imports, or roughly 2.74 million barrels per day.
Posted in Business

Crude shock for India as New Delhi emerges most vulnerable to Iran war| Business News

The Iran war has exposed a structural weakness in India’s economic engine—a precarious lack of oil buffers. As Israeli and US strikes on Iran effectively…

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