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Read More... India holds 76-day fuel buffer; refiners lose ₹600–700cr/day
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Petroleum ministry says India has 76–80 days of fuel cover. Refiners report under-recoveries of ₹6–30/litre, facing about ₹600–700 crore daily losses.
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Oil at $120, Rupee at Record Lows, LPG Rationed — India Is the Most Vulnerable Major Economy in the Iran War and the Numbers Prove It
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India imports 85% of its crude, half from the Gulf. With oil at $120 and the Strait of Hormuz closed, every institution from Chatham House to Morgan Stanley says India faces the hardest hit. Full analysis.
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