Asian crude scramble pushes up India’s oil bill

Economy 6 min ago This is an AI assisted summary. India’s reliance on Russian crude has been disrupted by US sanctions, making it difficult to find alternative supplies at reasonable costs. The closure of the Strait of Hormuz could further disrupt supply chains. India’s strategic reserves and commercial inventories may provide some relief, but the country needs to diversify its routes to mitigate potential challenges. Swipe up for next shorts 2 / 50 Retail inflation rises to 3.21% in February Economy 17 min ago This is an AI assisted summary. India’s retail inflation hit a 10-month high of 3.21% in…