
India to save Rs 1.8 lakh cr on import bill on softening global oil prices
India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in the $60–70 per barrel range, according to ICRA. With over 85% of its crude needs imported, India spent $242.4 […]
oil-&-gas