India to save ₹1.8 lakh cr on import bill on softening global oil prices
India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in the $60–70 per barrel range, according to ICRA.
India could save up to ₹1.8 lakh crore on crude oil imports and ₹6,000 crore on LNG imports in FY2026 if global oil prices remain in the $60–70 per barrel range, according to ICRA.
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