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001122334455554433221100

India's energy import reliance raises concerns amid geopolitical risks and price volatility

India's energy import reliance poses significant risks, with net oil and gas imports reaching $79.3 billion for FY25, a 15% increase. CLSA highlights the country's vulnerability to price shocks due to geopolitical tensions, particularly regarding Iran-Israel conflicts, despite some mitigation from discounted Russian oil imports.

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