India’s import bill begins to rise - what’s the outlook for CAD amid rising crude oil prices?

May 18, 2026 - 15:30
India’s import bill begins to rise - what’s the outlook for CAD amid rising crude oil prices?

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To secure supplies amid restrictions in the Strait of Hormuz, India increased purchases of Russian Urals crude after the temporary easing of US sanctions, according to available data up to April.

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