India’s Oil Demand Growth Set for Pandemic Low on War Crunch
AI Summary
India's oil demand growth is expected to reach its lowest point since the onset of the pandemic, primarily due to the impact of the Middle East conflict on fuel consumption. This downturn highlights the broader economic repercussions of geopolitical tensions, affecting not only energy markets but also global supply chains. The slowdown in India's oil demand, the world's third-largest importer, underscores how regional conflicts can have far-reaching effects on international energy markets and economic stability.
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