India's crude basket reaches $128.70 as trade flows and gold imports shift
India's crude basket reportedly reached $128.70 per barrel. India's exports to the United States rose 21.83% and gold imports fell 57.75% after a duty increase, while exports to China rose 52.35%.
By DoomRadar · Published on DoomRadar .
Why it matters
Higher crude costs and sharp changes in trade and gold flows could increase India's import bill and affect regional supply chains.
Related source links
These links were collected with this event. Recorded source dates may reflect when a link was found. Article publication dates are shown only when available from the source. Open the originals for their full context.
- India's US exports post fastest growth in nine months as tariffs shift ↗moneycontrol.com · Recorded source date: Sep 15, 2026, 4:02 PM UTC
- India's gold imports fall 57.75% in August after duty hike ↗thehindubusinessline.com · Recorded source date: Sep 15, 2026, 6:02 PM UTC
- India's crude basket touches $128.70 a barrel ↗newindianexpress.com · Recorded source date: Sep 15, 2026, 7:31 PM UTC
- Spike in crude prices, US yields brings India's m-cap below $5 trillion ↗economictimes.indiatimes.com · Recorded source date: Sep 16, 2026, 1:32 AM UTC
- India's trade deficit narrows as exports rise 26% in August ↗hindustantimes.com · Recorded source date: Sep 16, 2026, 3:31 AM UTC
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