By shifting crude sourcing to Russia, absorbing demand destruction, and shielding domestic households from soaring LPG and natural gas costs, India has managed the West Asian oil shock—though at a heavy cost to trade balances and commercial sectors.
By shifting crude sourcing to Russia, absorbing demand destruction, and shielding domestic households from soaring LPG and natural gas costs, India has managed the West Asian oil shock—though at a heavy cost to trade balances and commercial sectors.
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By shifting crude sourcing to Russia, absorbing demand destruction, and shielding domestic households from soaring LPG and natural gas costs, India has managed the West Asian oil shock—though at a heavy cost to trade balances and commercial sectors.
