Russian oil squeeze, China competition, Saudi pipeline shut: Why India faces a crude triple whammy

Sep 15, 2026 - 18:30
Russian oil squeeze, China competition, Saudi pipeline shut: Why India faces a crude triple whammy

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Where does that leave India, a country that imports around 90% of its crude oil? If crude oil prices continue to rise due to global supply constraints and Russian crude discounts ebb, will India’s crude oil bill manage another hit within months?

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