New Delhi [India]: If crude oil prices sustain above USD 100 per barrel in FY27, the Central government’s annual additional expenditure could rise by Rs 3.6 lakh crore, according to a report by Elara Securities. The report highlighted that the ongoing Middle East conflict shows few signs of de-escalation, which could intensify Asia’s energy crisis … Continue reading If crude remains near USD 100/bbl, each month of crisis to add Rs 30,000 cr additional cost for centre: Report