Tag
Prime Minister Modi has urged Indians to reduce fuel use, overseas travel, and gold purchases as the Middle East conflict threatens India's heavily import-dependent energy supply. A broader war involving Iran could pressure the rupee, widen the trade deficit, and push up domestic fuel prices.
PM Modi has called on Indians to cut petrol use amid Middle East conflict, framing it as a civic duty and comparing the needed discipline to Covid-era behavior. India imports about 85% of its crude oil, so sustained Middle East tensions could push up fuel costs and widen the trade deficit.
Tag
Prime Minister Modi has urged Indians to reduce fuel use, overseas travel, and gold purchases as the Middle East conflict threatens India's heavily import-dependent energy supply. A broader war involving Iran could pressure the rupee, widen the trade deficit, and push up domestic fuel prices.
1mo ago · 2 min · Big Stories
PM Modi has called on Indians to cut petrol use amid Middle East conflict, framing it as a civic duty and comparing the needed discipline to Covid-era behavior. India imports about 85% of its crude oil, so sustained Middle East tensions could push up fuel costs and widen the trade deficit.
1mo ago · 2 min · Policy & Government
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