India managed by diversifying its crude suppliers, reducing fuel consumption, and shifting the LPG burden towards commercial users. But India now faces fresh problems. Hostilities have flared up again, and crude is now back above $100 a barrel.
Meanwhile, the US House of Representatives passed a bill that threatens 100% tariffs on top buyers of Russian oil. This includes India.
How has India managed to keep its energy needs going so far —and who has paid the price?
Also, how can these potential tariffs impact India?
Watch: https://www.youtube.com/watch?v=kyNAp-3ItRE
Post #22708
3.95K