Crude price stable for now, but worries persist
- Posted on June 23, 2025
- By Financial Express
- 2 Views
Crude price stable for now, but worries persist
Crude oil prices remain stable at $76–78, but risks persist amid rising West Asia tensions. With 39% of imports via Strait of Hormuz, any disruption could impact energy security, inflate India’s import bill, and strain downstream oil firms despite a 16.6% dip in crude bill in April-May.
