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Oil hits $113, war risks delay in recovery: CEA Nageswaran
short by Jessica Rajan / on Friday, 17 April, 2026
Rising oil prices amid ongoing geopolitical tensions may delay economic recovery and create risks beyond the energy markets, said India's Chief Economic Adviser V Anantha Nageswaran. According to him, India's landed crude cost has jumped to around $113 per barrel, reported PTI. The impact is expected across higher energy costs, supply disruptions, increased logistics and a drop in remittances.
read more at Moneycontrol