Crude oil prices remain key for India's economy, as the country imports 90% of its petroleum requirements. MCX crude oil futures are trading around ₹6,805 per barrel today, while global benchmarks stand at $71.41 for WTI and $76.01 for Brent crude. Price fluctuations directly influence India's import costs, inflation, and fuel prices, affecting businesses.
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How Rising Crude Oil Prices Impact Inflation In India?
