BUSINESS● ELEVATEDAug 31 · Aug 31, 2026, 3:00 AM
India faces $22 billion extra fossil - fuel import cost amid Hormuz energy shock : Report
asianews.network · China · south asia
A report indicates that India is projected to incur an additional $22 billion in fossil-fuel import costs due to an energy shock originating from Hormuz. This highlights the substantial economic impact of geopolitical events on global energy markets.
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