With inflation surpassing six percent, a complete fuel cost pass-through might have escalated prices, though a surplus supply outlook suggests potential easing ahead.
How global crude oil volatility affects India amid West Asia and Eastern Europe crises
This discussion explores the effects of global crude oil price fluctuations on India in the wake of turmoil in West Asia and Eastern Europe. Despite rising international crude and fertiliser prices, Indian consumers have been buffered from direct cost increases thanks to government and public oil companies.
