29-June-2026
Economy News
 
Crude below $75: What Brent’s sharp drop means for India’s FY27 Inflation and GDP runway
29-Jun-2026

Brent Crude falling below the psychologically important $75 per barrel level is definitely good news for India. After all, imports constitute nearly 85-88% of its total crude oil requirements. While economists welcome the 22% drop in crude prices in June, they believe it is important for prices to sustain at these levels for long-term gains.

News Source:- https://www.financialexpress.com/policy/economy/crude-below-75-what-brents-sharp-drop-means-for-indias-fy27-inflation-and-gdp-runway/4277767/?ref=economy_hp
 
 
 

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