‘Benefit is way less than…’: CLSA report cuts hype around Russian oil imports, says ‘savings only 0.6 bpc of India’s GDP’
Published on: Aug. 28, 2025, 5:34 p.m. | Source: The Financial Express
The report warned that halting Russian imports would leave India, the world’s third-largest oil importer, with limited alternatives and could push global crude prices up to USD 100 per barrel at a time of rising demand and tightening supply.
