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Economics18h 34m ago
India's crude oil import bill surged by 60% in the first quarter of the current financial year.
India
Who
India
What
India's crude oil import bill surged by 60% in the first quarter of the current financial year.
When
Mon, 20 Jul 2026 05:50:19 GMT · 18h 34m ago
Where
India ·
Why
Supply tightness and high prices caused by the West Asia crisis and blocked energy flows.
The Frontline Impact
How this affects you
The surge in the import bill has raised concerns about India's trade balance and inflation.
Story chain
4 events in this thread- Currently Reading18h 34m agoIndia's crude oil import bill surged by 60% in the first quarter of the current financial year.
- Economics18h 36m agoIndia's crude oil imports surged by 60% and net oil and gas imports increased by 45% in April-June, driven by higher international oil prices.Open article
- Economics18h 36m agoIndia's crude oil imports increased by 60% and net oil and gas imports rose by 45% in April-June due to a sharp rise in international oil prices.Open article
- Economics18h 36m agoIndia's energy import bill increased significantly due to a sharp rise in international oil prices, despite lower import volumes.Open article
Verified Sources & Citations
- HIGHThe Indian Expresshttps://indianexpress.com/article/explained/explained-economics/india-crude-oil-import-bill-q1-west-asia-crisis-10794640/
- HIGHThe Indian Expresshttps://indianexpress.com/shorts/explained/explained-economics/india-crude-oil-import-bill-q1-west-asia-crisis-10794640/
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