Business

Business

Oil price shock loading: How India’s strong economic fundamentals will cushion the blow – explained in charts

S&P Global in its latest report titled India’s Strong Fundamentals Would Cushion The Blow Of An Oil Shock says India is equipped to handle some strain. The report assumes a base case scenario of oil prices at an average of $130 per barrel for 2026 and $100 in 2027.

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Business

First time in 7 years! India gets 4 million barrels of crude oil from Iran just ahead of Trump waiver expiry

The very large crude carrier Jaya, fully loaded with Iranian oil, is currently unloading its cargo at Paradip on India’s eastern coast. India is looking to quickly secure supplies ahead of a deadline set by the Donald Trump administration that expires over the weekend.

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