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India's oil imports nearly double to $119.2 billion in FY22
short by Ananya Goyal / on Sunday, 24 April, 2022
India imported 212.2 million tonnes of crude oil, worth $119.2 billion, in the fiscal year that ended on March 31, Petroleum Ministry's data showed. This is nearly double the $62.2 billion that India spent on 196.5 million tonnes of oil in the previous fiscal. India bought $13.7 billion-oil in March alone, when oil prices surged to 14-year high.
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