Tuesday, June 30, 2026
India

India's oil import cost falls below $70, first since Iran war began. But petrol, diesel price cut unlikely

India's oil import cost falls below $70, first since Iran war began. But petrol, diesel price cut unlikely

The average price of the Indian basket of crude fell to $68.86 a barrel, down more than 56% from a peak of $157.04 on March 23 after the outbreak of the war.

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