India's fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if it stops Russian oil imports: SBI

New Delhi [India], August 8 (ANI): India’s crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).

The report noted that if…

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