India's crude oil import bill rises 46%
India's crude oil import bill has jumped 46%, according to a report, as Middle East crisis pushes up prices. Higher fuel costs can add pressure on the economy and household budgets.
पार्श्वभूमी
Context: India imports most of its crude oil, so global prices strongly shape its import bill and the rupee. The Middle East is a key oil-producing region, and conflict there often pushes prices up.
बर्निंग पोटॅटो स्कोअर: 29%