India’s Crude Oil Import Bill Jumps 41% to $13.7 Billion in July as West Asia Tensions Lift Prices
New Delhi: India’s crude oil import bill surged more than 41% year-on-year to $13.7 billion in July, as elevated international crude prices and continued uncertainty in West Asia increased the cost of the country’s energy imports. Provisional data from the Petroleum Planning and Analysis Cell (PPAC) showed that India imported …