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India Paid USD 22.5 Billion More For Fossil Fuel Imports Amid Strait Of Hormuz Energy Shock: CREA

India paid USD 22.5 billion more for fossil fuel imports due to the Strait of Hormuz energy shock, making it the second-largest casualty among major fossil fuel importing countries, according to a CREA analysis.

Free Press Journal 26/8/2026, 5:08:01 pm IST AI summary

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