Rising global oil prices is the ‘one big issue’ India is facing right now says economist

Rising global oil prices is the ‘one big issue’ India is facing right now says economist

Summary : Rising global oil prices is the ‘one big issue’ India is facing right now, says economist

Sanjeev Sanyal, a member of the Economic Advisory Council to the government of India, says the country is susceptible to spikes in oil prices as it imports almost all its oil, though there’s “very little” it can do about it in the short term.

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