India’s crude import bill up 26% in ’26-27 Q1 despite 18% volume fall | India News
Russia, India’s biggest supplier during the quarter, supplied crude at an average cost of $2,408 per tonne, while UAE crude cost $2,213 per tonne NEW DELHI: India’s crude import bill rose 26% year-on-year in the first quarter of 2026-27, despite volumes falling 18%, as the West Asia conflict disrupted supplies and pushed up oil prices.Commerce…