Indian oil imports surged by nearly 100% to $119 billion in FY22

[{"selector":"#anim-8e9d08b3-1be5-4434-9dfe-a3340c09b508","keyframes":{"opacity":[0,1]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-180255c5-db04-445f-a684-908860bf5177","keyframes":{"transform":["scale(0.3333333333333333)","scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-252c497c-cc1e-4c95-9cce-087610fa9717","keyframes":{"transform":["translate3d(-121.78572%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":4,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-404ee79a-33fb-460f-b4b4-60627b4b1fed","keyframes":{"opacity":[0,1]},"delay":4,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fe9555cf-b122-4fe8-82b4-424d6ef6cab0","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":4,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] The amount India paid for crude oil imports nearly doubled to $119 billion in the 2021-22 fiscal year as energy prices rose globally due to the Ukraine war.

Indian oil imports surged by nearly 100% to $119 billion in FY22

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