India’s exposure to Russian oil disruption limited to $5...

Dununu.com Dununu

Gesponsert

India’s exposure to Russian oil disruption limited to $5 billion; global economy faces major risk: Report

RSS Feed Business

Posted

46

A Bank of Baroda report indicates India's limited exposure to Russian oil export disruptions, estimating an additional $5 billion in annual import expenditure. While India has significantly increased its reliance on Russian oil since 2021-22, a full embargo could severely impact the global economy by potentially driving prices above $80 per barrel. India's import costs remain manageable.

Read Full Article

Please log in to like, share and comment!

Brazil-US trade row: Lula unveils $5.5 billion relief plan; Washington responds with sanctions

Brazil unveiled a $5.5 billion support package to aid businesses hit by new US tariffs. President...

Von 0 4

Semiconductor push: Global chipmakers eye Indian partnerships amid Chinese competition

Facing financial pressures, overseas firms like Sharp and Onsemi are partnering with Indian...

Von 0 5

"I have no regrets": Vyjayanthimala at 92 on quitting Bollywood

Vyjayanthimala, the iconic Indian actress, celebrated her 92nd birthday, reflecting on a...

Von 0 10

Can War 2 break the opening day record set by War?

Ayan Mukerji's 'War 2,' part of the Spy Universe with Hrithik Roshan and Jr NTR, saw a strong...

Von 0 10

'Ask your paw paw ...': Congress mocks BJP's Sonia Gandhi voter row; calls it 'good photoshop'

Von 0 11