2025-08-04Niranjan Ghatule
Global tensions between the US and Russia are pushing crude oil prices higher, with Brent expected to reach $80–$82 per barrel by the end of 2025. This blog explains how rising oil prices could impact India's petrol, diesel, and LPG costs, increase inflation, widen the trade deficit, and burden consumers. Experts warn of major economic consequences if Russian oil supply is disrupted.
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