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India’s fossil-fuel import bill rises amid Strait of Hormuz crisis

IndiaIranOman
First seen: Aug 27, 2026, 12:32 PM UTCUpdated: Aug 27, 2026, 7:16 PM UTC

India’s fossil-fuel import bill is reported to have increased by $22.5 billion amid a crisis affecting the Strait of Hormuz.

Higher import costs could worsen India’s energy expenses and expose broader supply-chain risks.

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