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Crude below $75: What Brent's sharp drop means for India's FY27 Inflation and GDP runway
Jun 27, 2026
Financial Express

Crude below $75: What Brent's sharp drop means for India's FY27 Inflation and GDP runway

Crude oil prices fell below $75 per barrel, good news for India which imports 85-88% of its oil. Economists welcome the June drop, but want prices to sustain. This fall offers respite, as a crude price shock poses a bigger risk than natural gas.