
India Poised for 8% Growth as Experts Dismiss Overblown Crude Oil Narratives
India's growth trajectory remains strong at 8%, with experts dismissing crude oil shock fears as overblown. Learn how domestic demand fuels the economy.

India's growth trajectory remains strong at 8%, with experts dismissing crude oil shock fears as overblown. Learn how domestic demand fuels the economy.

Despite the Strait of Hormuz blockade and supply disruptions, global oil prices have avoided the $200 mark due to strategic rerouting and lower Chinese demand.

Amid the Iran war, LPG prices rise in India, yet cooking gas costs remain among the lowest globally due to significant government subsidies and public sector support.
Stay updated with the latest petrol-diesel prices for 7 June. Check how global crude oil trends are impacting fuel rates in Delhi, Mumbai, and across India today.

As the Iran conflict shuts the Strait of Hormuz, OPEC+ struggles to lower oil prices despite production quota pledges, raising fears of global economic instability.

Chief Economist Manoranjan Sharma warns of rising fuel prices as West Asia tensions push crude above USD 100, impacting household budgets and the Indian economy.